Paranoia party: Singapore’s affluent investors are now more cautious of investing at home

They’d also rather retire abroad.

Singapore’s investors are becoming more wary of the current investment climate in the country, as bad news about the economy keep coming on.

The Friends Provident International Investor Attitudes Index across the regions indicated that affluent and emerging affluent investors in Singapore and Hong Kong are not certain about the current investment climate.

Investors’ attitudes in the two regions have not changed significantly since the last edition (Q1 2014) of the Friends Provident International Investor Attitudes Report and, on balance, respondents remain positive about the current investment climate. However, we have seen a downward trend in the last two years in terms of investment sentiment.

Investors in Hong Kong are slightly more optimistic about the current investment climate than investors in Singapore. 

The Singapore Index scores dropped 2 points to 11 as compared to 13 in Q1 2014 as the general cautious approach towards investment continues throughout the year. Hong Kong has maintained its Index score at 15 from Q1 2014, with a strong performance in property investment. 

View the full survey results here.