Four key trends dominated the REIT market in 2020. The largest REIT was created last year, along with more REITs expanding overseas aggressively. Over the year, we also saw travel restrictions and stay home orders negatively impactingà the various property types. Some of the pain may be brief but for others, it might be trouble to reach an even recovery. Tune in to find out how our credit research analysts view the different property assets.

This looks like the start of a super commodity cycle. Watch for gold to make new highs once more in 2021.

Although downside risks dominate, we think manageable credit risk in 2021 can enable investors to selectively look for higher yielding credits for returns in a low rate environment, although don’t stray too far away from fundamentals.

For Singapore, an unprecedented recession in 2020 should give way to a return to positive growth in 2021 amid the Covid-19 vaccine rollout and sustained policy support.