Singapore Funds Flow
1H21 funds flow showed a stark difference in the views on the financial sector: while retail investors were net sellers in 1H21, institutional investors were net buyers. Apart from the banks (DBS, OCBC and UOB), SGX, Singtel, Yangzijiang and Ascendas REIT were very well traded. In June however, financials fell out of favour with institutional investors while retail investors were sizeable buyers of the sector.