Investors are going bargain hunting in Malaysia as they expect government policy changes to start bearing fruit. Sentiment appears to be on the mend as inflows into Malaysian equities swell to $121 million so far in January, the biggest monthly purchase in a year. So far, 2020 has been good to some Malaysian assets. “Malaysian government bond yields should stay range bound and our strategy remains to buy on dips.”RHB Asset ManagementRHB Asset Management Sdn. State Street Global Advisors“I expect both the ringgit and ringgit bonds to moderately appreciate,” said Ng Kheng Siang, Asia Pacific head of fixed income at State Street Global Advisors.

Source: New Strait Times January 23, 2020 02:26 UTC