Baiduri Capital hosts market outlook webinar

In line with efforts of keeping investors abreast with important developments in the global financial markets, Baiduri Capital held a webinar in partnership with Phillip Securities yesterday evening.

The webinar titled ‘Identifying Investment Strategies in 2021’ was conducted by Senior Dealer from Phillip Securities Mike Ong, who is currently the Chief Editor of the ‘HQ Education Series’ that aims to equip clients with the tools and skill sets to make better investing and trading decisions.

Ong is also part of a team at Phillip Securities that specialises in Equities, ETFs, CFDs and Bonds. The team manages over 50,000 client accounts at Phillip Securities.

In the webinar, the speaker discussed how the COVID-19 pandemic has significantly slowed the global economy and greatly affected everyone’s daily lives and well-being. This has resulted in 2020 being one of the most volatile year the global financial markets have faced since the financial crisis in 2008.

While new developments of a vaccine brought encouraging signs of a recovery and a much needed relief to some economies, the world is still facing widespread virus infection and many countries could potentially face a long waiting period before getting the vaccines.

The webinar in progress. PHOTO: BAIDURI CAPITAL

Even with the market’s volatility, however, the speaker presented to the participants the possible middle to long term opportunities to diversify investment portfolios.

Additionally, he covered the importance of asset allocation and how investors can incorporate Exchange Traded Funds (ETFs) as part of their investment portfolios.

General Manager of Baiduri Capital Peng Eng Soon said, “The past year has seen the global markets go through an incredibly volatile period, and as such, we want to give our clients further insights of recent events which will affect the global stock markets.”

“This is a very crucial time, and we are privileged to work with our partner Phillip Securities to equip our clients with the latest market trends and outlook, so they can be empowered to make their investment decisions.”

He said Baiduri Capital plans to hold more investment webinars throughout the year that will cover topics from investment strategies to the different kinds of products and services for portfolio diversification.