'It's a good time to buy investment funds, prices are low'
Friday, August 3, 2007
THE recent turmoil in equities and currency markets presents an opportunity for people to acquire investment funds at lower prices than usual, a financial planner said yesterday.
Since the capital markets volatility has pushed down prices of equities, investors who buy investment funds of which the earnings are partly based on the movement of share prices are likely to buy these instruments at lower prices, said Ida Haji Bujang, a certified financial planner with Hong Kong and Shanghai Banking Corporation Bank (HSBC) in Brunei.
To help its customers take advantage of the current situation, HSBC yesterday invited a representative from Henderson Global Investors's Singapore office to explain more about the situation and present advantages of investing in one of its investment funds.
"Last week's increased correction in equities market is self-contained" the representative said, adding that this indeed presents buying opportunities as the outlook for Asia is positive.
One of its products called Henderson Asia-Pacific Property Equities Fund benefits from the increasing housing demand in China and India and many key projects in Singapore like the new Business and Finance Centre as well as higher office demand in Singapore, Japan and Hong Kong. The representative also highlighted that Asian stocks are still lagging behind the European and Global market which indicates a growth potential for funds that are partly based on growth in Asian share prices.
Expected performance for the next 12 months is "upbeat" for Europe and Asia, the representative said. "The Europe market suffered a recent correction of 20 per cent due to investors' profit taking to invest elsewhere."
The Brunei Times
Since the capital markets volatility has pushed down prices of equities, investors who buy investment funds of which the earnings are partly based on the movement of share prices are likely to buy these instruments at lower prices, said Ida Haji Bujang, a certified financial planner with Hong Kong and Shanghai Banking Corporation Bank (HSBC) in Brunei.
To help its customers take advantage of the current situation, HSBC yesterday invited a representative from Henderson Global Investors's Singapore office to explain more about the situation and present advantages of investing in one of its investment funds.
"Last week's increased correction in equities market is self-contained" the representative said, adding that this indeed presents buying opportunities as the outlook for Asia is positive.
One of its products called Henderson Asia-Pacific Property Equities Fund benefits from the increasing housing demand in China and India and many key projects in Singapore like the new Business and Finance Centre as well as higher office demand in Singapore, Japan and Hong Kong. The representative also highlighted that Asian stocks are still lagging behind the European and Global market which indicates a growth potential for funds that are partly based on growth in Asian share prices.
Expected performance for the next 12 months is "upbeat" for Europe and Asia, the representative said. "The Europe market suffered a recent correction of 20 per cent due to investors' profit taking to invest elsewhere."
The Brunei Times
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