Big Singapore institutions voice trade war fears

Institutional investors across Asia are growing more vocal in expressing fears about global trade tensions and macroeconomic uncertainty, with some reducing risk asset exposure and growing more cautious on deal-making. Heavyweight Singaporean asset owners are certainly worried about the harm that a prolonged trade war could do to investment prospects, as the US proposes considers further tariffs on Chinese goods (see box below). “As a global investor, we are concerned about esca…