
Singaporean investors more likely to stay calm amidst crisis: study
Confident and financially comfortable investors typically have high net worth.
Singapore-based investors are more likely to stay relatively calm and make more reasonable decisions in turbulent times compared to peers from Hong Kong and Taiwan, according to a study by Standard Chartered.
Nearly half or 47% of investors in the city tend to be “comfortable” investors, who were found to value confidence, financial comfort and risk tolerance more, and are least likely to be impulsive with their investments.
The study noted that those who scored high for “confidence” and “financial comfort” tend to be wealthier individuals with higher net worth, rather than affluent investors with fewer assets, and are better equipped to withstand volatility over their investment journey.
“This may be because affluent investors have relatively fewer assets to rely on when markets get choppy,” the study explained.
Meanwhile, Hong Kong has the most “enthusiastic” investors (40% of the market) who are relatively impulsive and speculative, whilst Taiwan has the largest group of “conservative” investors (44% of the market) who are more likely to be affluent investors.