Green and easy money investment bets will be election winners: Analysis

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Global investors in Asia are sticking with bets on China's recovery and holding off on major portfolio changes as early results show a tight U.S.

Several reasons. First, regardless of who is the next US president, the global health and economic crisis triggered by COVID-19 will dominate the investment landscape.

A US stimulus package is considered inevitable as politicians of all stripes try to spur an economic recovery hit by a resurgence in COVID-19. "Where we do have an anchor is that we know monetary policy will remain very easy and may become even easier," said Salman Ahmed, global head of macro and strategic asset allocation, at Fidelity international."The greening of the global economy is going to be something that will happen regardless of who's in charge, green energy is cheaper than fossil fuel energy," said Rupert Watson, head of asset allocation at Mercer Investments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines