Investors Sell First, Ask Questions Later
Ang Beng Kuan, Head of Investments, Hong Leong Islamic Asset Management
27-Mar-23 09:15
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The swift collapse of SVB and then Signature Bank took markets by surprise with fixed income and equity markets going into freefall. This was then followed by the fire sale of CS to UBS. What repercussion has this had on the credit market? Ang Beng Kuan, Head of Investments, Hong Leong Islamic Asset Management tells us the answer whilst telling us if there are investment opportunities from this.
Image credit: Shutterstock
Produced by: Wong Shou Ning
Presented by: Wong Shou Ning, Shazana Mokhtar, Philip See
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Categories: markets, Corporates, economy
Tags: svb failure, svb collapse contagion, asian bond markets, credit suisse, credit risks,