"While foreign currency investments are still not as popular as other asset classes in Malaysia, like equities or properties, we have seen much momentum since the de-pegging of the ringgit post the 1998/99 Asian financial crisis." - Billy Hii, Chief Investment Officer of Bill & Morrisons.
Our Chief Investment Officer, Billy Hii, was invited over to join in the Edge Weekly to share his thoughts on the changing state of play from the offshore insurance broker perspective. He explains that it is important and useful to add foreign currencies (especially multi-currency asset classes) to investment portfolios because investors may need them for their children’s education, international business trades, retirement in foreign countries and even overseas vacations.
Full coverage of the article over here: http://www.theedgemarkets.com/article/wealth-management-changing-state-play-part-1