According to the JP Morgan Asset Management (JPMAM) poll, Singapore’s semi -annual local retail investor’s index, due to optimistic attitude, saw a radical fall.

The whole issue came into lime light, when, in the month of June, a survey tracked 502 investors and asked some questions, such as -what was their take on the on the ST Index personal savings and asset portfolios and as a result of which, as compared to the previous year’s poll, this year only 60% had the confidence on the rise of ST Index.

The poll further claimed that as compared to the past scale, which was recorded at 134 points, current positive rating scale was reduced to the figures of 121.

Brian Tan, Head of JPMAM retail sales, quoted that due to the ongoing uncertainty around US and European debt, Middle East crises and natural disasters in Japan, the overall index declined, and the investors believed that their saving assortments would be recording lots of losses.

Mr. Tan added, "Given the volatility of the local and global markets, investors should heed the well-worn adage of not putting all their eggs in one basket - be it in a single market or asset class”.