Singaporean investors seen raising US market allocation to 22% after Trump election
Due to interest rate changes and Trump’s economic policies.
Following the 2024 US election, Singaporean investors are projected to increase their US market portfolio allocation to 22% from 19%, according to data from MDRi.
Based on its survey, MDRi said 18% of Singaporean investors plan to increase their investments in the US market driven by interest rate changes (58%) and economic policies (55%), with less emphasis on international relations compared to their Hong Kong counterparts.
Currently, Singaporean investors allocate 60% of their portfolio to the local market, whilst the US market holds a 19% share.
Meanwhile, Singapore’s market acknowledges the significant impact of the US-China relationship on its economy; however, 46% of Singaporeans are concerned that the relationship could worsen under Donald Trump’s presidency.
Older generations in Singapore (aged 45 and above) expressed greater concern (53%) about worsening US-China relations, compared to the overall average of 46%.
The survey included 1,000 participants, evenly split between 500 from Singapore and Hong Kong markets, to ensure a fair representation of the demographics in both regions.