11-05-2014, 09:58 AM
Expert views are always appreciated. However, given the mkt momemtum, noone seems to have highlighted that the "10 year cycle" clock is ticking following the 3 sharp bear years post gfc (2008-2010) and global mkts are in the 7 grinding bull phases (2011 till now). Value investing is always important but when real values are hard to come by and investors start to move into relative value searching (thinking that they remain steadfast to their beliefs), then it set stage for the complacency phases and bubbly penultimate bull mkt phase... I stand by my views on 2017...
- Mr Lim suggested that investors might want to look at sectors here that might benefit in the long term from the global economic recovery, such as the offshore and marine sector, and the banking sector.
- Ms Lee also projected a renewed focus on value investing. "Investors should always do their homework and invest wisely," she added.
Sunday Times investment event draws strong crowd
The seminar features insights from ST Money Desk journalists and experts from DBS Bank
Published on May 11, 2014 1:09 AM
By Ivan Teo
A record 650 investors attended The Sunday Times Invest Seminar yesterday to hear from veteran financial journalists and economic experts from DBS Bank who offered their views on the global economy and investment strategies.
Organised by The Straits Times Money Desk, the seminar, now in its third year, was presented by DBS Bank and held at The Ritz-Carlton, Millenia Singapore.
The event kicked off with Mr Lim Say Boon, chief investment officer at DBS Group Wealth Management and Private Bank, sharing his outlook on trends in Asian markets in response to the impending rise in interest rates, as the United States Federal Reserve gradually reverses its monetary stimulus policy.
Mr Lim said the United States economy is likely to continue on its recovery path this year and that the market there is still likely to remain buoyant.
In the subsequent discussion session with The Straits Times assistant money editor Aaron Low, Mr Lim suggested that investors might want to look at sectors here that might benefit in the long term from the global economic recovery, such as the offshore and marine sector, and the banking sector.
When asked about investment strategies, Mr Lim urged investors to stay invested at all times and diversify their portfolios. "One successful investor told me his secret to building wealth is to 'buy cheap, buy good, don't sell'. It is good advice."
The next speaker at the event was The Straits Times money editor Lee Su Shyan who gave her take on the overall investment climate in Singapore.
She noted that the global recovery in Europe and the US would be beneficial to Singapore's trade-focused economy even as Singapore faces the challenges of a tight labour force and a greying population. Ms Lee also projected a renewed focus on value investing. "Investors should always do their homework and invest wisely," she added.
A panel discussion, moderated by Mr Lim, on investment strategies covering equities, commodities, currencies as well as bonds followed.
It featured The Straits Times deputy money editor Dennis Chan and economics correspondent Alvin Foo, alongside Mr Philip Wee, a senior currency economist with DBS Group Research, and DBS' head of fixed income Clifford Lee.
Mr John Lim, a private investor in his early 20s who attended the seminar, said he found the discussion interesting and informative. "It really helps us understand more about how investing works."
Another private investor who attended the seminar, Ms Julianna Sukardi, 40, praised the scope of the seminar. "This seminar is insightful and covers a number of the important topics which I find helpful when making investment decisions."
Ms Lee said that the seminar aimed to provide wide-ranging investment insights. She added: "It was an opportunity for us to engage The Straits Times readers. We are looking forward to holding more such events."
ivantyh@sph.com.sg
- Mr Lim suggested that investors might want to look at sectors here that might benefit in the long term from the global economic recovery, such as the offshore and marine sector, and the banking sector.
- Ms Lee also projected a renewed focus on value investing. "Investors should always do their homework and invest wisely," she added.
Sunday Times investment event draws strong crowd
The seminar features insights from ST Money Desk journalists and experts from DBS Bank
Published on May 11, 2014 1:09 AM
By Ivan Teo
A record 650 investors attended The Sunday Times Invest Seminar yesterday to hear from veteran financial journalists and economic experts from DBS Bank who offered their views on the global economy and investment strategies.
Organised by The Straits Times Money Desk, the seminar, now in its third year, was presented by DBS Bank and held at The Ritz-Carlton, Millenia Singapore.
The event kicked off with Mr Lim Say Boon, chief investment officer at DBS Group Wealth Management and Private Bank, sharing his outlook on trends in Asian markets in response to the impending rise in interest rates, as the United States Federal Reserve gradually reverses its monetary stimulus policy.
Mr Lim said the United States economy is likely to continue on its recovery path this year and that the market there is still likely to remain buoyant.
In the subsequent discussion session with The Straits Times assistant money editor Aaron Low, Mr Lim suggested that investors might want to look at sectors here that might benefit in the long term from the global economic recovery, such as the offshore and marine sector, and the banking sector.
When asked about investment strategies, Mr Lim urged investors to stay invested at all times and diversify their portfolios. "One successful investor told me his secret to building wealth is to 'buy cheap, buy good, don't sell'. It is good advice."
The next speaker at the event was The Straits Times money editor Lee Su Shyan who gave her take on the overall investment climate in Singapore.
She noted that the global recovery in Europe and the US would be beneficial to Singapore's trade-focused economy even as Singapore faces the challenges of a tight labour force and a greying population. Ms Lee also projected a renewed focus on value investing. "Investors should always do their homework and invest wisely," she added.
A panel discussion, moderated by Mr Lim, on investment strategies covering equities, commodities, currencies as well as bonds followed.
It featured The Straits Times deputy money editor Dennis Chan and economics correspondent Alvin Foo, alongside Mr Philip Wee, a senior currency economist with DBS Group Research, and DBS' head of fixed income Clifford Lee.
Mr John Lim, a private investor in his early 20s who attended the seminar, said he found the discussion interesting and informative. "It really helps us understand more about how investing works."
Another private investor who attended the seminar, Ms Julianna Sukardi, 40, praised the scope of the seminar. "This seminar is insightful and covers a number of the important topics which I find helpful when making investment decisions."
Ms Lee said that the seminar aimed to provide wide-ranging investment insights. She added: "It was an opportunity for us to engage The Straits Times readers. We are looking forward to holding more such events."
ivantyh@sph.com.sg