The topic: From your understanding of recent developments and likely future scenarios, what are the greatest opportunities for retail investors today, particularly in Singapore and the region? Why?

Michael Zink
Country Head & Citi Country Officer, Singapore
Citi Group

IN the current uncertain and volatile environment, risk-reward should be balanced between equity and bond asset classes. In the bonds space, spread expansion presents opportunities in selective high-grade corporate and high-yield bonds. Emerging market sovereigns, especially Asian sovereigns, also look attractive.

With Asia likely to lead global recovery in 2010, tactical investment opportunities are present in specifically North Asian equities where attractive valuations and strong capital inflows are supported by good macro fundamentals. The consumerism theme is also an area to look into, especially with the rise of the affluent middle class in emerging markets such as China and India.

Quality hedge funds are also a good tool to protect value given the likely volatile months ahead.