Report finds S'pore investors less aggressive than peers in Asia

Investors here are adopting a more conservative investment stance compared with their peers in Asia and the Middle East, noted a report out on Sept 26.

- Angela Tan

It found that 42 per cent of Singapore investors favoured a steady-as-she-goes approach, with only 24 per cent opting to be aggressive.

By contrast, investors in other parts of Asia and the Middle East were more bullish, with 30 per cent playing it safe and 34 per cent adopting a fairly or very aggressive approach.

In terms of asset classes, most investors in Singapore prefer to hold stocks and equities, followed by real estate, bonds and fixed income as well as cash and cash equivalents, said Swiss-based financial services provider Avaloq, which conducted two surveys in February and March to compile the report.

One polled 3,012 investors aged 18 and above across Europe, Asia and the Middle East. More than half had investable assets of US$250,000 (S$321,000) to US$1 million, while 40 per cent had US$1 million to US$30 million, and 4 per cent had more than US$30 million. Another surveyed 341 wealth management professionals in the same markets.