112 views

Investors’ exposure to US markets down in June amidst recession concerns

The investor movement index for clients declined to 4.88 in June 2022.

Financial services firm, TD Ameritrade, said Singaporean investor exposure in the US was reduced anew, posting a 4.88 investor movement index (IMX) score in June 2022.

This is lower than the IMX, TD Ameritrade’s behaviour-based index, in May which recorded a score of 5.74

These figures were attributed to global headwinds such as recession and rising cost concerns in the US.

“The 10-year U.S. Treasury yield spiked higher from 2.743% to 3.497% before easing back and settling at 3.134% to close out the period,” TD Ameritrade said.

According to TD Ameritrade CEO Greg Baker, there may be lower exposure to US markets but Singaporean investors “did not buy seven of the S&P sectors: Communication Services, Consumer Staples, Energy, Financials, Industrials, Information Technology, and Real Estate.”

The TD Ameritrade clients favoured Apple and Microsoft and were net buyers of the tech giants in June. 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!