Investment firms in Singapore not significantly impacted by sanctions on Russia

While Russia has not attracted much local investment action in recent years, investors could be hit if sanctions indirectly affect European firms. ST PHOTO: LIM YAOHUI
Gift this subscriber-only story to your friends and family

SINGAPORE - The sanctions imposed on Russia have not had a major impact on investment companies here, given their limited exposure to the country, but they have still advised investors to play it safe and diversify their portfolios.

While Russia has not attracted much local investment action in recent years, investors could be hit if sanctions indirectly affect European firms, which figure far more prominently in portfolios.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.