Standard Chartered Securities, a subsidiary of Standard Chartered Bank Brunei hosted a Market Outlook seminar recently, expressing their commitment towards helping valued clients’ stay invested and diversifying their portfolio amidst “challenging” global markets.
The seminar was held at the Serambi Suluh, Tarindak d’Seni at the capital which was attended by more than a hundred guests.
The event was organised in collaboration with Fullerton Fund Management, part of Standard Chartered Securities’ extensive list of fund houses that offers Fullerton SGD Heritage Growth, Fullerton SGD Heritage Balanced, Fullerton SGD Heritage Income and Fullerton Short Term Interest Rate Fund to Brunei Investors.
In her opening remarks, CEO of Standard Chartered Securities, Brenda Low said that the global markets this year are “fraught with uncertainties” with the risk of a global economic recession rising over the past month.
“Policymakers at the Fed, ECB and BoE continue with their policy tightening unitil they see clear and sustained signs of inflation heading back towards their 2% target,” she explained.
With China’s zero-COVID policies likely to constrain the recovery and political tensions in the west triggering an energy crisis, Low added how these factors may pose concerns among most investors, reducing their confidence towards investing.
Despite all this however, Low said that Standard Chartered Securities continue to see opportunities in capturing yield through a strategy that focuses on three points;
– Rebalancing into investment graded corporate bonds and some undervalued equity markets
– Rotating into high quality income assets
– Risk managing via hedges, cash and cash-like assets
“With all the volatility in the market, understandably client sentiments will be affected,” she continued.
“This is where Standard Chartered Securities is committed to helping you stay invested by offering you advice on diversification of your portfolio and to seek opportunities where they may present themselves,” she added.
The CEO went on to say that Standard Chartered Securities aims to empower their clients with the knowledge and information that can help them navigate the markets and make more informed decisions.
During the event, Vice President of Business Development – Intermediaries, Fullerton Fund Management, Sam Ye also shared his insights on the current market outlook where he pointed out that 2022 is a bear market due to the impending economic recession.
He then elaborated on his insights further through a panel discussion and shared their strategies and preparations to combat the current inflationary environment.
Standard Chartered is a market leader in Wealth Management having established offerings in Brunei for over 20 years with the widest range of products and services paired with the best advisory team to help clients grow and protect their wealth in line with their values and aspirations.
Potential investors are required to complete a client risk profiling assessment to ensure that clients understand their risk appetite before taking up any wealth products.
Investors who wish to know more about investment products and services can visit Standard Chartered’s Gadong and Kuala Belait branches to speak to any licensed Relationship Manager or Wealth Consultant.
They can also visit the bank’s website www.sc.com/bn or follow the bank’s Facebook and Instagram at StandardCharteredBN and stanchartbn respectively.
THE BRUNEIAN | BANDAR SERI BEGAWAN