Compared to investors in Hong Kong and Taiwan, counterparts in Singapore have been found to value financial comfort, confidence and risk tolerance, and thus they are least likely to be impulsive with their investments.
This finding came from a study, The Standard Chartered Investor Personality Study 2020 published on Thursday (10 April) that was conducted by Standard Chartered Bank. In the study, the behaviour of investors in Singapore, Hong Kong and Taiwan are compared across three categories of investors, namely (1) comfortable, (2) conservative, and (3) enthusiastic.
Based on the finding, of the market total, “comfortable” investors make up of 47 per cent of investors in Singapore. These investors have a high desire to leave a positive legacy, have more investing experience, and are more likely to be male.
The survey stated that “comfortable” investors are likely to make relatively more reasonable decisions and stay relatively calm during chaotic times.
On the other hand, the highest concentration of “enthusiastic” investors is in Hong Kong. These investors are relatively speculative, impulsive and believe in luck, study reported.
Also, the study noted that investors in Taiwan identify more as “conservative” investors has relatively lower risk tolerance and who are more likely to be affluent investors as opposed to high net worth investors.
The study also found that most investors in Asia “stand out” in their love for speculative investments. Instead of enjoying future returns, some enjoy investment risk for its own sake. “This is in stark contrast to Europe, where investors exhibit consistently low speculation,” the survey stated.
“Our clients in Singapore have been measured in their investment approach, especially during these volatile times,” as remarked by Standard Chartered Private Bank Head of Wealth Management, Asean and South Asia, Sumeet Bhambri.
“While some have expressed concern about their investments, we have also seen a steady increase in investment activity, with the valuations of several risk assets turning more attractive,” Mr Bhambri added.
The aim of the study was to assist private bankers in making recommendations to clients. The survey studied 1,200 investors based in Hong Kong, Singapore and Taiwan. It was conducted in partnership with Oxford Risk, who is a behavioural finance specialist.

Notify of
Inline Feedbacks
View all comments
You May Also Like

《今日报》报导”被消失“ 五受访学者表态站稳立场 挺记者准确报导

早前,《今日报》一则有关新加坡国立大学(NUS)和南洋理工大学(NTU)离职学者,对大学政策发表看法的报导,惊传遭到“司法挑战”,在本月10日被撤下。 有关报导刊登于本月6日,题为《不透明政策、僵化于绩效和排名:为何人文学者离开国大和南洋理大》( “Opaque policies, fixation with KPIs, rankings: Why arts and humanities academics…

Singapore's mask stockpile has "progressed" but gov't will not be "overconfident", says Minister Chan Chun Sing

The availability of masks shouldn’t be taken for granted, said Trade and…

SPF: No checks done at residential units to enforce elevated COVID-19 safe distancing measures

The Singapore Police Force (SPF) said that it does not conduct checks…

Registers of Electors open for inspection from 26 Feb to 11 Mar

The Registers of Electors have been prepared and are open for public…