ASEAN economies will experience a slight hiccup and will bounce back stronger in 2021
Loss of Employment numbers are projected to increase by 799 each day
Malaysian capital market consist of various investment vehicles. There are in the form of shares, unit trusts, bonds, warrants and derivatives. Type of investment vehicles for an investor to choose from to invest in is usually determined by several common factors:
Read moreBond Fund – Fixed Income Instrument Investment in Unit Trust
Unit Trust industry is nothing new to the most of working people in Malaysia. Today Malaysia has around 32.73 million of peoples in its population. However only 20.5 millions accounts were registered into Unit Trust with respective Unit Trust Management Company in Malaysia. This figure represent 62.6% of participation rates.
Read moreNow Is a Good Time to Start Investment Into a Unit Trust
Since 2015, most of emerging market and developed market have experienced an economic contraction, Malaysian economy too was not spared from this catastrophic event. Malaysian economy was badly affected during those time. Thanks to oil price crashed in 3rd quater of 2014 due to surplus of crude oil from shale oil boom in USA.
Read moreMalaysian Economy Against Emerging and Developed Market
Purchasing Manager’s Index in April for a host of countries which are taking preventive measures for instance lockdowns or movement restriction to combat COVID-19 globally are very low. Contracting purchasing manager’s index to the lowest historic level causes their economy behave badly.
As you can see on the graph as shown below, all of these countries were experiencing contraction. Based on these numbers, only China is within touching distance of expansion at 49.4 index. This shows that economy globally is undergoing depressed cycle.
Purchasing Managers’ Index, (PMI™) series are monthly economic surveys of carefully selected companies. This index provide an advance signal of what is really happening in the private sector economy by tracking variables such as output, new orders, employment and prices across key sectors.
Unit Trusts is a form of collective investment. It allows investors with similar investment objectives to pool their savings. These pool of saving (the fund) is invested into a portfolio of shares or other assets class. The fund itself is being managed by the professional Fund Manager.
The term Emerging & Developing Economies was coined by Antoine van Agtmael in 1981. An economy that is not too rich and not too poor. Malaysia is one of it!
Oil price keep on sliding today as storage capacity is about to reach maximum level therefore Indonesia try to seek for tankers to store refined fuels at sea as it seeks to take advantage of plunging prices. This situation is so bad for oil exporting countries who rely so much on their crude oil export.
Read moreUSD 30 per barrel in 2020? 2020 Budget Need to be Revisited