[서울=뉴스핌] Reporter Baek Ji-Hyun = SC First Bank predicts that Asian stocks, corporate bonds, and bonds in emerging markets will be strong next year.
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| [ 사진 = SC제일은행 ] |
On the 28th, SC Cheil Bank released a report on ‘2021 Global Financial Market Outlook and Investment Strategy’ for WM customers. Through the report, SC First Bank predicted that global stocks and credits will outperform government bonds or cash equivalents over the next 12 months in terms of investment strategies for next year.
Among stocks, Asian stocks (excluding Japan) were the most preferred, followed by US, Eurozone, and Japanese stocks. In the case of bonds, they ordered to steadily secure credits that are relatively profitable in the era of zero interest rates. In addition, he added that it is important to manage foreign currency assets, including various currencies such as the US dollar (USD), euro (EUR), and Australian dollar (AUD) in the investment portfolio in an uncertain financial environment.
Through the report, SC Cheil Bank presented the key investment theme for next year as’V for 2021 (Vaccinating against Valuations)-Investment opportunities from normalization.’ This means that the global economic normalization following the supply of vaccines could offset concerns about the stock market’s rising valuation.
According to the report, there are five key factors that investors should pay attention to: ▲ vaccine distribution ▲ fiscal and monetary policy ▲ bond interest rate direction of the US dollar ▲ debate over value and growth stocks. These factors are expected to create a favorable environment for risky assets throughout 2021. However, the report added that it is necessary to keep an eye on the political friction during the fiscal stimulus agreement process and the uncertainty about the timing and distribution of vaccines.
Colin Qiang, head of the asset management division of SC First Bank, said, “Unlike this year, which suffered from an unprecedented COVID-19 pandemic and a severe economic recession and a temporary collapse of the stock market, next year is expected to recover the global economy and strengthen risky assets.” Investors need to devise deeper and more innovative strategies to achieve their target returns.”