The outlook for the global economy might be uncertain, but things could be picking up, especially in the real estate securitization space, the head of investment company Straits Trading said.
"The economic data is not as bad as people make it out to be. The U.S. data is coming out good, employment is picking up, Chinese data is improving," Straits Trading Executive Chairman Chew Gek Khim said.
"But like everything in investments (and) in business, you have a whole range of factors. You will never have everything going 100 percent," Chew told CNBC's "Managing Asia."
Straits Trading began as a tin smelting business, but it has shifted to become an investment company with a focus on real estate and hospitality. The company has stakes in Straits Real Estate, Far East Hospitality Holdings, ARA Asset Management and Malaysia Smelting Corporation.