DBS Group Chief Investment Officer Hou Wey Fook said earnings growth driven by artificial intelligence continues to support major technology stocks. He also said investment-grade bonds yielding more than 5% offer an attractive source of income and add stability to portfolios. Hou made the remarks during an interview on Bloomberg’s "Insight" program with Haslinda Amin. The comments point to a split preference between growth exposure through large tech names and defensive income through higher-quality fixed income. Bloomberg Technology was cited in the original report.
DBS Group Chief Investment Officer Hou Wey Fook said earnings growth tied to artificial intelligence continues to support major technology stocks.
He also said investment-grade bonds with yields above 5% offer an attractive source of income and portfolio stability.
Hou made the remarks in an interview on Bloomberg’s "Insight" program with Haslinda Amin, according to Bloomberg Technology.
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