KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd advises investors to accumulate healthcare, technology sectors for their earnings momentum, and the utilities sector for their defensiveness and dividend yield. Its CEO Lim Suet Ling said in the last few months, strong-performing stocks in the healthcare sector helped to moderate the drop in the FBM KLCI. Lim said due to the current volatile market conditions, recommended an active stock selection strategy to build a portfolio that has higher probability of outperforming the equity benchmark index. An active stock selection strategy identifies investment opportunities in individual stocks based on their fundamental strengths. The programme will provide an insight about global trends and also offer investors investment tips to help them make decisions to optimise their asset portfolios across local, regional and global markets.

Source: The Star August 26, 2020 03:33 UTC