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Current DateTime: 02:14:45 25 May 2012 LinksList Documentid: 23810063
Vasu Menon, VP, wealth management at OCBC Bank, thinks market volatility offers opportunities to pick up good companies. He likes defensive stocks to ride out present uncertainty and remains overweight on Singapore's oil, gas and telecom sectors.
Brad Partridge, Portfolio Manager at Macquarie Private Portfolio Management, says that companies with steady earnings and dividend growth will continue to outperform.
Pierre Lau, Head of Asia Pacific Utilities Research at Citi, says buy some stocks within the Hong Kong utilities space on the back of good growth prospects and positive earnings contributions from overseas.
Jonathan Cavenagh, currency strategist at Westpac Bank, Australia (Sydney), thinks that investors can turn to Asian currencies as safe havens as the Swiss franc loses appeal.
Mark Matthews, head of research Asia at Bank Julius Baer, thinks that investing in NYSE-listed GDX, an ETF that comprises of the five largest gold companies is a good idea as this will enable investors to gain exposure to gold without the drag of actually having to own the physical metal.
Satish Lele, VP, Asia Pacific at Frost & Sullivan, thinks that the pressure on price has been the key issue in the flat panel industry especially with the curent subdued economy.