Monthly Review May 2022
The best performing regional indices were Indonesia (+2.23%), Malaysia (0.82%) and Australia (-0.86%), while the laggards were Vietnam (-8.40%), Philippines (-6.56%) and Shanghai SE Composite (-6.31%). Regional currencies’ performance against the USD was mixed. The best performing currencies were Vietnamese Dong (-0.57%) and Indonesian Rupiah (-0.88 %). For
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Tourism, F&B and retail sectors expected to be key beneficiaries of domestic recovery
Dr Tan Chong Koay has mentioned in the article: "We believe an active asset allocation strategy will add value, rather than being fully invested at all times. We seek to trim our equity exposure near market peaks to preserve capital, and only to be fully invested near