June 2020

The spread of the COVID-19 has caused market volatility and possibly economic downturn. Similar to other sectors, outlook of the Technology Sector is uncertain. However, there are transformations of corporate operations and people’s daily livings with the modern technological advancements and Digital Transformation could be accelerated as consumers and businesses learn new ways to shop, be entertained, work and receive healthcare.

The spread of the coronavirus (COVID-19) has caused market volatility and possibly economic downturn and the technology sector is no exception. However, we are seeing the transformations of corporate operations and people’s daily livings with the modern technological advancements.


The year started positively, as the US and China signed into effect ‘phase one’ of their trade deal. However, before long, news of the worsening COVID-19 outbreak in China began to drive fear into markets. First, this saw investors shun risk in favour of higher-rated assets, in a reversal of moves seen in late 2019. US Treasury yields fell, helping investment-grade to outperform high-yield debt. But then came the oil price war and the evolution of COVID-19 to global pandemic status, so began one of the fastest ever sell-offs, pushing credit market valuations to levels normally seen in times of recession. Credit markets recently staged a partial recovery, following the rollercoaster first quarter.

Our newly designed company website was launched in May this year and the Customer Login site has also been revamped to provide you an easier access to manage your policies. You may find the attached user guide with instructions to understand the steps for Investment Choices Switching and Investment Choices Redirection. For any queries, please consult your financial adviser.

Download here

Investment Choices Switching

Investment Choices Redirection

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