To The Moon

by Gerald Wong, CFA, Beansprout February 24, 2025 This post was created in partnership with Nikko Asset Management Asia Limited. All views and opinions expressed in this article are Beansprout's objective and professional opinions. Growing up, a well-worn copy of Robert Kiyosaki's "Rich Dad Poor Dad" sat on our family bookshelf. You might know it. It's something of a bible for those seeking financial independence, telling the tale of two fathers and their contrasting approaches to money and wealth. In it, Kiyosaki paints his “rich dad” as a self-made multi-millionaire full of wealth-building wisdom. The word “millionaire” has since become an ultimate benchmark–proof that you’ve “made it”. Yet, as I entered adulthood, having a million dollars in the

by Timothy Ho, Dollars and Sense March 11, 2025 This article is sponsored by Nikko Asset Management. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research, is purely for informational purposes and should not be relied upon as financial advice. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial policy here. At the start of each year, many of us set New Year’s resolutions—whether for r

by Dawn Cher, SG Budget Babe March 6, 2025 Disclosure: This post is brought to you in collaboration with Nikko Asset Management. All research and opinions are that of my own, and should not be taken as financial advice for your specific situation(s) as I know nothing about your individual financial circumstances, risk tolerance or investment objectives. I highly recommend that you use this as a starting point to understand more about the various ETFs offered by NikkoAM, and then click into the respective links above to retrieve the fund prospectus and performance so as to help you decide whether it fits into your investment objectives. You may think having a

5 Dec 2024 Asian bonds set to gain as central banks ease further By Asian Fixed Income Team Domestic demand in Asia resilient on the back of gradual monetary easing [ 1 ] Asia ex-China demonstrated resilience in 2024, with growth buoyed by strong local demand and healthy exports. Easing inflation—driven by relatively tight monetary policies [ 2 ] and moderating food and commodity prices—allowed most Asian central banks to reduce policy rates in the latter half of the year. As we move into 2025, growth in Asia ex-China may moderate slightly but is expected to stay largely supported by firm domestic demand. We expect inflation to remain subdued as regional food prices stabilise. Now that inflation is within central banks’ targets across most Asian economies, the path is clear for further mon

10 Jan 2025 Chris Rands, Senior Portfolio Manager Mohammed Zaidi, Investment Director Mohammed Zaidi (Investment Director, Asian Equity) interviews Chris Rands (Joint Head, Global Multi-Asset). In this discussion, Chris shares his views on the global investment environment going into Year 2025. Important information: This video is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This video does not constitute personal investment advice or a personal recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients are recommended to consult with their independent tax, financial and legal advisers prior to

5 Dec 2024 Maintaining a long-term view and an optimistic outlook in the face of adversity By Global Equity Team Introduction  Whether it is the level of inflation, the direction of economic growth, credit quality in the consumer and corporate sector, the housing market, supply of US Treasuries, a slew of elections, geopolitics or even an outright stock market bubble, the list of investor worries and concerns during 2024 was as long as one can remember. Will the picture look any better for investors in 2025? The answer, perhaps predictably, is yes and no. Growth across the globe is slowing. Higher interest rates are taking their toll and consumers across most markets are tightening their belts. Meanwhile, heavy debt issuance across western developed countries leaves real rates vulnera

19 Dec 2024 By Kenneth Tang, Senior Portfolio Manager, Asian Equity What are the key drivers of strong sustainable returns for Singapore equity? Watch Kenneth Tang in this 2-minute video roundup. Important information: This video is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This video does not constitute personal investment advice or a personal recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients are recommended to consult with their independent tax, financial and legal advisers prior to any investment. This video is for information purposes only and is not intended to be an offer, or a

5 Dec 2024 Identifying outperformers within the “New Singapore” narrative By Asian Equity Team Reflecting on 2024   As we approach 2025, it is an appropriate time to review the performance of Singapore’s equity market in 2024. The market performed strongly in 2024, with the Straits Times Index (STI) delivering double-digit gains of 21.7% as of end-November 2024 in Singapore dollar (SGD) total return terms [ 1 ] . The rally was mostly concentrated in the second half of the year, and the Singapore market was one of the few in Asia to maintain positive momentum after Donald Trump’s US election victory. This positioned Singapore as the second-best performer in the Asia ex-Japan region in 2024, meaning that it trailed only Taiwan and outpaced major emerging markets like India and China. &n

5 Dec 2024 The coming year promises a different environment By Multi-Asset Team Outlook for 2025  With 2024 mostly behind us, we are again reminded of how difficult it is to forecast asset market performance over the medium term. Coming into 2024, many pundits believed that a bond markets-supportive US recession was still on its way. However, the widely predicted recession never showed up. Instead, the MSCI World Global Equity index has risen over 20% year to date, while the Bloomberg Aggregate Bond Index has gained a modest 3% in USD terms [ 1 ]. Despite the difficulty in forecasting, we examine where markets could be headed in 2025. We are currently focused on a “no-landing” scenario, in which the US economy continues to grow at trend as the effects of a less restrictive monetary po

16 Dec 2024 Trump 2.0 will not be the only catalyst for fundamental change By Asian Equity Team Asian small companies: beneficiaries of key growth trends worldwide   We have a favourable outlook for Asian small companies [ 4 ] given key factors that highlight their resilience and potential for growth in the current economic landscape.   Many Asian small companies can weather economic fluctuations and geopolitical risks. The key competitive advantage of these firms stems from their scale of operations, which provides management with greater agility in responding to shifting trends compared to their larger peers. Additionally, many Asian small companies exhibit higher earnings growth than their bigger counterparts (please see: