Singapore Sales Trader
We successfully launched our SaxoInvestor platform in Singapore on Saturday. This is a simple platform we have built to help investors find and invest in stocks, ETFs, mutual funds and bonds, either self-directed or with the help of our experts’ managed portfolios. A key highlight on SaxoInvestor platform is the Investment Themes section where clients can browse our curated stock lists within current market trends in order to identify the right assets to add to their portfolios. When selecting these themes, we have long-term investment needs in mind. We therefore choose those themes that have longevity with meaningful impact on society and, of course, a sustainable growth rate. One of the themes we picked is “Ageing Asia”, which we think fits such criteria perfectly.
As highlighted by our Market Strategist Eleanor Creagh in the theme highlight video, our global population is ageing, with life expectancy increasing and the fertility rate decreasing. According to The United Nation’s 2017 World Population Ageing Report, the global population aged 60 years or over will reach 2.1 billion people, with approximately 66% living in Asia countries such as Japan, South Korea and China. In particular China will have to deal with around 25% of the world’s ageing population by 2050.
Figure 1: Number and distribution of persons aged 60 years or over by region by 2050
Bond. Long Bond(s)
With real rates being too positive, we see three scenarios: Opportunity to lock in rates at cycle high, government overreach to keep the economy afloat or a complete reset of the economy.
Steen Jakobsen,
Chief Investment Officer
Is a bond bull market ahead? Inflation still poses a risk for investors, but the moment for increasing duration to your portfolio may be approaching towards the end of the year, when central banks might be forced to cut interest rates.
Althea Spinozzi,
Senior Fixed Income Strategist
The furious rate hike cycle has brought gains in the US dollar, but with stagflation risks in Europe and the UK and weakness in the Chinese economy, USD may have more room to run. But a strong dollar could also have repercussions for US growth, emerging markets and commodity prices.
Charu Chanana,
Market Strategist
With the cost of capital rising painfully, stagflation fears are back, illuminating the fragile state of the green transformation, while giving a tailwind to nuclear power, and threatening the growth of AI-related stocks.
Peter Garnry,
Head of Equity Strategy
With supply tightness not only in energy but all commodities, the momentum in commodity prices may continue, pressuring central banks to lower real rates. That could be a good setup for precious metals, including gold, silver and potentially platinum as well.
Ole S. Hansen,
Head of Commodity Strategy
As the pandemic showed, even the US Treasury can experience seismic shifts. With the government increasing the pace of issuing bonds to support fiscal spending, the complex Treasury market and regulatory constraints could spark a liquidity event.
Redmond Wong,
Market Strategist
The tide has turned for bonds. Given the current yields, bonds have become an attractive investment, with added benefits including lower risk than stocks, increased diversification and a steady stream of income unaffected by economic changes.
Peter Siks,
Investment Coach
