A new study ranks security tensions, cyber threats and political uncertainty as the foremost risks preoccupying Singapore-based investment managers for the coming year.
The report, carried out by the Investment Management Association of Singapore (IMAS), surveyed 55 fund managers from across the country. The IMAS findings reveal that more than 58% of respondents cited political uncertainty as their top concern.
The survey highlights the global nature of finance in 2018 and lists, in particular, American politics (35%) and increases in US interest rates (42%) as the top two issues for fund managers.
Fully 32% of respondents specified potential disruption from cyber crime and the risks associated with new financial technologies. Yet advancements in the fintech sector were acknowledged by over 50% of respondents as beneficial to the economy’s advancement.
IMAS chairman Nicholas Hadow said the increased interest in multi-asset strategies from investors seeking diversification in their investment portfolios is to be expected.