Investing outside the box at The Business Times Investment Dialogue 2013

The Business Times hosted its annual Investment Dialogue “Investing Outside the Box: Dealing with the Unsustainable” on 19 April at the Parkroyal on Pickering hotel.  Renowned investment guru Mr John Mauldin along with Mr Kelvin Tay, Regional Chief Investment Officer of Southern APAC, UBS AG were the speakers for this dialogue. 

Presented by Saxo Capital Markets, over 200 guests, including members of the Business Times CEO Club and BT readers, enjoyed an insightful morning where both speakers shared their wisdom about the current global economy, investment climate as well as exclusive investment tips and advice. 

Mr Mauldin advocates investing in what he terms sustainable investments such as the food, energy and technology sectors, while staying clear of assets affected by money-printing governments.  “A world in which expenses rise faster than income is unsustainable. At some point the markets say no, Cyprus, Greece, Italy, France, the US, have to restructure”, he said.

Both Mr Mauldin and Mr Tay were also optimistic about a US recovery. Mr Tay pointed to the labour mobility advantage of Americans compared with Europeans. “With a recovering housing market, Americans will feel more free to sell their houses or rent them out, move to a new state where jobs are and consume more. But a Greek cannot similarly move to Germany because of language and regulatory obstacles”, he said.

Mr Mauldin said that while he was not overly optimistic, the US can still fix its problems and will not slip into a recession.

Mr R. Dhinakaran, Managing Director, Jay Gee Melwani Group said, “The session very crisply summarized the various investment prospects across geographies. It was an enriching experience to hear the many high profile speakers share their experience and views and analysis. The session was apt and particularly useful given the changing and challenging economic climate we are living currently.”

The event ended off with an interactive panel discussion moderated by The Business Times’ Associate Editor Vikram Khanna.

For more information in collaboration with The Business Times, please contact Elsie Ch’ng at 6319 2367 or e-mail chnglc@sph.com.sg