Cash
USD
Fixed Income
Alternatives
Equities
Europe
Thailand
Hong Kong
India
Indonesia
Japan
Malaysia
Philippines
Singapore
Taiwan
U.S.
Asia ex-Japan
China
South Korea
Sovereigns
Emerging Market High Yield
Developed Market Investment Grade
Developed Market High Yield
Emerging Market Investment Grade
Asia Investment Grade
Asia High Yield
Gold
Oil
Source: Maybank Group Wealth Management Research I December 2020