According to the Investment Management Association of Singapore (IMAS) 2024 Investment Managers’ Outlook Survey, our members are generally positive on Asian financial markets driven by a constructive view on China and expectations of stability in global growth. Concerns on sustained high inflation have also reduced. While this was the top concern for 2023, the outlook for 2024 appears more constructive with a very large majority now expecting fed rate cuts. Alternative investments are expected to continue to see inflows, while ESG strategies are less seen as driver for growth compared to previous surveys. With the advent of AI, many FMCs in Singapore are actively looking to expand capabilities in advanced analytics, machine learning and artificial intelligence.