
Conservative Singaporean investors place bets on stocks
3 out of 4 consumers will not invest in mutual funds and structured investment products.
According to Nielsen Global Survey of Investment Attitudes, 37 percent of consumers in Singapore engage in some form of investments. Among this group of consumers, three quarters prefer to invest in stocks over other investment options. While stocks are favoured, the survey shows that 49 percent invest in mutual funds/unit trusts and structured investment products (35%). In addition, 30 percent invest their money in foreign currencies, bonds, precious metals and derivatives.
Here's more from Nielsen:
“The findings show that retail investors in Singapore own a well-diversified range of asset classes. Equities are top of mind for Singaporeans, and this is generally consistent with markets in the Asia Pacific. By understanding their asset class preferences, financial services companies stand to gain from being better positioned to offer financial education and compelling propositions to meet consumers’ needs,” Joan Koh, Nielsen’s Managing Director for Singapore commented.
One in three investors has a conservative stance. The study shows that more than one-third (34%) of Singaporean investors consider themselves conservative when it comes to making decisions on their personal finance or wealth matters, accepting only minor fluctuations on the portfolio’s value (+/- 5%), compared to 26 percent of investors in Asia-Pacific (26%). On average, almost one-third (31%) of investors in Asia-Pacific accept higher fluctuations of +/-10% on their investments.