When discussing the US' desire for self sufficiency, do you think it is feasible given talent and semicon supply chain is mainly in Asia? It seems this would be negative for companies investing in the US and cause structural inflation growth. On the other side in China, geopolitics and COVID zero is slamming their equity market to irrational valuations. Having considered this, including the fact that US will likely have a recession, would it be better to go to other countries such as Singapore, Australia, etc?
Hi bluesymmetry, thanks for sharing your question!
We believe in this case you are referring to the US barring American companies from shipping certain grades of advanced chipmaking equipment to any China-based client without a license. In this case, it's not so much the US desiring self-sufficiency in the semiconductor industry but rather a move to hinder China's chip development. There is still an opportunity for both countries to rely on their respective allies (or form new ones) when it comes to this new era of the technological economic cold war.
As China starts to ease its COVID-19 restrictions, in our latest portfolio reoptimisation, we've increased our exposure to emerging markets as we expect their growth to diverge from developed markets in 2023. If you're interested to know more about the recent reoptimisation exercise, you can read our article here: www.stashaway.sg/r/reoptimising-portfolios-shifts-in-growth-and-inflation
We hope this answers your question! If not, feel free to reach out to us at support@stashaway.com :)
Hi Shaun, thanks for reaching out to us and for your continuous support!
You can be assured that Freddy is still with StashAway and remain our Co-Chief Investment Officer. As you might have known, we also introduced Stephanie as our Co-Chief Investment Officer back in May this year.
As StashAway is constantly aiming to expand our offering of investment products and further improve our existing products, Stephanie is working closely with Freddy in leading our investment team to work on the necessary including presenting these market commentaries. You can rest assured that our investment team as a whole remains focused on continually delivering the highest long-term, risk-adjusted returns to all our clients.
I hope this helped to provide some clarity! Rest assured that this was simply a strategic move to deliver more value to all our clients.
When discussing the US' desire for self sufficiency, do you think it is feasible given talent and semicon supply chain is mainly in Asia? It seems this would be negative for companies investing in the US and cause structural inflation growth. On the other side in China, geopolitics and COVID zero is slamming their equity market to irrational valuations. Having considered this, including the fact that US will likely have a recession, would it be better to go to other countries such as Singapore, Australia, etc?
Hi bluesymmetry, thanks for sharing your question!
We believe in this case you are referring to the US barring American companies from shipping certain grades of advanced chipmaking equipment to any China-based client without a license. In this case, it's not so much the US desiring self-sufficiency in the semiconductor industry but rather a move to hinder China's chip development. There is still an opportunity for both countries to rely on their respective allies (or form new ones) when it comes to this new era of the technological economic cold war.
As China starts to ease its COVID-19 restrictions, in our latest portfolio reoptimisation, we've increased our exposure to emerging markets as we expect their growth to diverge from developed markets in 2023. If you're interested to know more about the recent reoptimisation exercise, you can read our article here: www.stashaway.sg/r/reoptimising-portfolios-shifts-in-growth-and-inflation
We hope this answers your question! If not, feel free to reach out to us at support@stashaway.com :)
Miss having Freddy around!
Hi Shaun, thanks for reaching out to us and for your continuous support!
You can be assured that Freddy is still with StashAway and remain our Co-Chief Investment Officer. As you might have known, we also introduced Stephanie as our Co-Chief Investment Officer back in May this year.
As StashAway is constantly aiming to expand our offering of investment products and further improve our existing products, Stephanie is working closely with Freddy in leading our investment team to work on the necessary including presenting these market commentaries. You can rest assured that our investment team as a whole remains focused on continually delivering the highest long-term, risk-adjusted returns to all our clients.
I hope this helped to provide some clarity! Rest assured that this was simply a strategic move to deliver more value to all our clients.