- Our Singapore Stock Alpha Picks (June 2023) portfolio continued its market-beating run in Jun 23, beating the STI by 2.9ppt on an equal-weighted basis, helped by industrial stocks. Our portfolio’s performance on a q-o-q basis was even better, bettering the STI by 8.8ppt.
- - Read this at SGinvestors.io -
- Our Alpha Picks portfolio has now beaten the STI in 15 out of the past 16 months.
Jun 23 market review.
- - Read this at SGinvestors.io -
- Despite the US Fed pausing interest rate hikes in Jun 23, its hawkish comments indicated two additional rate hikes by end-23, taking the froth off markets. The STI nevertheless ended up 1.5% higher on a m-o-m basis.
Unbeaten in 2023.
- Read more at SGinvestors.io.
