27 Jul '11, 7am

Singapore investors less optimistic now than 6 months ago

Singapore investors less optimistic now than 6 months ago

A survey by J.P. Morgan Asset Management has shown that retail investors in Singapore are less optimistic about the economy and their investments than six months ago. -- PHOTO: REUTERS A SURVEY by J.P. Morgan Asset Management has shown that retail investors in Singapore are less optimistic about the economy and their investments than six months ago. More investors want to take a cautious and conservative investment strategy now, and a higher percentage also plan to pare down their investments. The semi-annual Investor Confidence Index now stands at 121, down from 134 in December last year. The index is derived from a scoring of investors? responses to a series of questions about their outlook on the economy and their investment portfolios. An index level of 100 is neutral, while 200 is extremely optimistic and zero is extremely pessimistic. Head of retail sales at J.P. Mor...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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