Family office Thirdrock keeping its power dry
The Singapore family office’s CIO thinks weak market sentiment will continue for several months and is still largely avoiding alternative credit, emerging markets and commodities.
AsianInvestor spoke to Melvyn Yeo, chief investment officer of Singapore multi-family office Thirdrock, about why he is taking a cautious allocation approach.
How is Thirdrock positioned portfolio-wise in light of potential US rate rises, heightened volatility, the continuing China slowdown and other concerns?
Since the end of 2014, we recognised there was a higher possibility of increased volatility in the markets in 2015 and possibly going into 2016. As a result, we started bei…
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