Local assets likely to attract foreign investors

Nixon Wong, chief investment officer at Tradeview Capital.

PETALING JAYA: While narrowing yield differentials following a rate cut by the US Federal Reserve (Fed) will help make local assets more appealing and attract foreign portfolio funds, investor focus will likely shift to how the global and domestic economic conditions evolve post cut.

This is more so if major economies start to underperform in the coming months. The red flags are already there.