KUALA LUMPUR: Malaysian equities are still a favoured bunch and deemed a safe haven when measured against their overall emerging Asian market peers, said Standard Chartered Bank Singapore’s chief investment strategist for group wealth management consumer banking Steve Brice.
“We believe that people are looking for safe havens (nowadays) and Malaysian equities do fit into that category. Should people search for yields, yes the dividend yields in Malaysia are quite attractive. Overall, Malaysia looks reasonably well-placed from an equity market perspective,” Brice said at StanChart’s second-half market outlook briefing.