Investors in Singapore, Hong Kong and United Arab Emirates (UAE) still rely on past performance when it comes to fund choice.
Despite global regulators' warnings that past performance should not be used as a guide to future returns, research from Friends Provident International (FPI) highlights that past performance is a one of the key factors influencing fund selection for many investors in Hong Kong, Singapore and United Arab Emirates (UAE). The research was conducted by surveying investors in each of the locations as part of the launch of FPI's new fund centre. Commenting on the research, Jim Henning, Funds Marketing and Research Manager at Friends Provident International, said: "The short term direction ...
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