Singapore Banks: Breaking Out (Smart Karma)

  • A record 25.3% of Global funds have exposure to Singapore Banks, breaking out of a range of between 18% and 24% over the last decade.
  • DBS Group (SGX: D05 / FRA: DEVL / OTCMKTS: DBSDY / OTCMKTS: DBSDF) favoured by investors, owned by 17.7% of funds compared to 11.2% in UOB (SGX: U11 / FRA: UOB) and 7% in OCBC (SGX: O39 / FRA: OCBA / FRA: OCBB / OTCMKTS: OVCHY / OTCMKTS: OVCHF)
  • After the recent rotation, Singapore Banks are now the 4th most widely held Bank exposure, behind US, Indian and Canadian Banks but ahead of fellow European and Asian peers.  

Source: Singapore Banks: Breaking Out (Smart Karma) $

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