In the course of my work, I often have the opportunity to review the existing investment portfolios of clients. They have either invested with other advisers or banks. I have noticed something particular for those who had invested with banks. The funds that they hold tend to come from certain fund houses. Nothing wrong with that. It’s just curious why so when there are other funds, which in my opinion, are superior to those recommended by the banks. As usual, past performance is not indicative of future performance. Below are some examples:

Singapore Equity: The one in blue is recommended by the banks

Singapore Equity 1 Year

Singapore Equity 3 Years

Singapore Equity 5 Years

Asian Equity: The one in orange is recommended by the banks

Asian Equity 1 Year

Asian Equity 3 Years

Asian Equity 5 Years

In portfolio theory, investors should go for asset classes with low correlation to ...