Investors Shifting Away from Fixed Income Towards Equities, Interest in Islamic Finance Rising

COVID-19 has triggered a change in investor risk appetite, with an increasing number of investors shifting money from fixed income investments into equities, subsequent to a rally in healthcare stocks in 2020. In an interview with the Malaysian Reserve, Chief Executive Officer of fund manager Principal Islamic Asset Management (Principal Islamic), Datuk Syed Mashafuddin Syed Badarudin, also highlighted opportunities in the Islamic investment space.

Why it Matters?

Principal Islamic has seen a substantial number of investments being made in the equity market compared to before COVID-19, marked by the rapid growth within the healthcare sector in 2020, and this is still continuing. Investors have also stated that returns are more favourable in the Islami...