“Morningstar ETF Intelligence 2011” for Singapore was held on 16 September 2011 at the Marina Bay Sands. The event was well attended, and included more than 100 delegates. The two guest speakers featured at the event were Chief Economist Richard Jerram from Bank of Singapore and John Gabriel, Morningstar ETF strategist.
Richard Jerram commenced his presentation by giving an overview of global growth trends. From his perspective, developed economies have been sluggish and lack the necessary policy tools to combat the issue. In contrast, many developing economies in Asia can rely on a wide array of policy tools to address decelerating growth. He opined that this unique confluence of factors is likely to lead to rapid global growth driven by Asian economies, but with more risks than usual.