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22-08-2024

StarBiz: Diversify on volatility

Kenanga Investors’ Chief Investment Officer, Lee Sook Yee, recently penned an op-ed for a StarBiz7 cover story, shedding light on the recent market volatility. In her piece, she emphasises that while the market correction was largely technical, driven by profit-taking and the yen carry trade unwind, the focus now shifts to key economic indicators in the US and upcoming fiscal reforms in Malaysia. In addition, she highlights the importance of a diversified portfolio approach in this uncertain environment, while expressing optimism about Malaysia's equity market, supported by strong GDP growth, infrastructure projects, and rising FDI.