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Standard Chartered bullish on Malaysian equities

July 12, 2018 5:03 AM
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KUALA LUMPUR: Standard Chartered, whose investment strategy is to stay bullish and diversified, is positive on Malaysian equities as it favours global equities.

Its head investment strategist Manpreet Gill said it is unusual for Malaysian equities not to do well, given that global equities typically outperform in the late stages of an economic cycle.

This period of late stage of the economic cycle is usually characterised by a gradual heating up of inflationary pressures, increase in policy rates and strong equity performance.

Within equities, the US remains its most preferred region, supported by strong earnings growth, though it expects most equity markets to perform well.

Source: thesundaily.my

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