Filipino Investors Most Optimistic in Asia
Philippine investors were tagged as the most optimistic in all of Asia despite volatile market conditions as of the end of last year, with overall sentiment getting a boost from solid economic growth. Results of Manulife Financial Corp.‘s (PSE: MFC) latest Investor Sentiment Index for Asia, however, showed that most Filipinos were still content to keep the bulk of their assets in the form of idle cash, exposing them to losses due to higher inflation and interest rates, and currency depreciation.
Source: Philippine Daily Inquirer
