01-07-2020
Smart Investor: Where to Put Your Money in a Recovering Economy
In this article, fund managers identify key sectors investors can invest in and the laggards to avoid. According to Kenanga Investors' Executive Director and Chief Executive Officer, Ismitz Matthew De Alwis, investors will have a better gauge of the depth of recession and damage to corporate earnings after the release of economic data and corporate results for first quarter. He notes that there are also renewed worries on US-China trade tensions as US President Donald Trump mounted attacks on China’s handling of Covid-19 pandemic. He advises investors to focus on diversification when it comes to ensuring a well-balanced portfolio to cushion plunges in market movement and to capitalise on sudden highs.