yklooi,  the fact that most of my investments are somewhere else,  and those are safe investment,  hence why i'm trying to be agressive with FSM.. but at the sane time still takut lor.. so want to diversify a bit,  at least wont tergolek dog if market is really bad

xuzen,  yes looks like i'm dumping all in one region,  thats why i ask how to diversify lah..

lol.. yes lor, among others
also some in bank rakyat, AHB, PRS, TH etc
ASB whether safe or not depends on perception
some perceived not safe under the hands of najib

Asian shares edged down slightly but were still on track for a solid weekly rise, as investors awaited more U.S. data later in the session for clues on the timing of the U.S. Federal Reserve's interest rate hike.

MSCI's broadest index of Asia-Pacific shares outside Japan was slightly lower, but still poised to gain about 0.6 percent for the week. Japan's Nikkei stock index added 0.5 percent, set for a 1.5 percent weekly rise.

Topped up RHB-OSK China-India Dynamic Growth Fund

FSM so quiet this week, didnt see any idea of the week article.

but but but https://secure.fundsupermart.com/main/artic...-Equities-10327

Fund Managers: Cautiously Optimistic on Chinese Equities

It closed flat right? Seems like no energy.

Malakoff dips below offer price (Update)

KUALA LUMPUR: Malakoff Corporation Bhd’s share price dipped below the final retail offer price of RM1.80 in the afternoon session on Friday, in line with the weak markets, on its trading debut.

At 2.43pm, it was down one sen to RM1.79. Thee were 204.21 million shares done at prices ranging from RM1.79 to RM1.84. It had opened one sen higher at RM1.81.

The FBM KLCI was down one point or 0.06% to 1,806.55. Turnover was 995.93 million shares valued at RM945.58mil. The broader market weakened with decliners leading advancers 371 to 274 while 328 counters were unchanged.

URL: http://www.thestar.com.my/Business/Busines...mium/?style=biz

They're denying it

Malakoff: We're not in talks with 1MDB on any potential deal

KUALA LUMPUR (May 15): To allay investors' concern that it was buying assets from 1Malaysia Development Bhd (1MDB), Malakoff Bhd, which was relisted on Bursa Malaysia today, reiterates that it is "not in talks with 1MDB about any potential deals".

In a statement after market close, the independent power producer (IPP) reiterated its stance as a a news report by Bernama earlier today had said Malakoff was keen on acquiring debt-ridden 1MDB's power assets that are held by the latter's unit Edra Energy Global Bhd has dampened Malakoff's share price performance on its maiden trading day.

Malakoff said it strongly denies the report which stated that it was considering the buy and urged Bernama to retract the piece, which it termed "a misrepresentation".

URL: http://www.theedgemarkets.com/my/article/m...-potential-deal

Outlook for US economy looks dim:

Consumer Sentiment in U.S. Plunged in May by Most in Two Years

onsumer confidence unexpectedly fell in May by the most in more than two years as Americans’ views on the economy dimmed.

The University of Michigan preliminary index of sentiment dropped to 88.6, the lowest since October, from 95.9 in April. The 7.3 point decrease was the largest since December 2012. The outcome was lower than the lowest estimate of 68 economists surveyed by Bloomberg.

News that the world’s largest economy stalled last quarter shook Americans’ outlook, while the tick up in fuel costs since early March also contributed to the gloomier perceptions. While slightly lower than in the prior month, households still held relatively upbeat views on incomes, a sign spending will be sustained.

URL: http://www.bloomberg.com/news/articles/201...st-in-two-years

Our favourite Apple:

Top US hedge funds continue to dump i-Phone maker Apple stakes amid rally

NEW YORK: Top U.S. hedge fund management firms, including Leon Cooperman's Omega Advisors and Philippe Laffont's Coatue Management, continued to reduce or slash stakes altogether in Apple Inc  during the first quarter, as shares of the iPhone maker rallied.

URL: http://www.thestar.com.my/Business/Busines...ally/?style=biz

What if the fund has zero exposure in O&G industry?

No la, I thought fund managers have been reducing their exposure in O&G continuously prior to the news. But as mentioned above, since the effect will be pervasive, the whole market will be in red   

Regional market is doing good right? But KLCI up? 

Sorry I left out the "NOT"

SSE Comp: -0.58%
HSI: -0.83%
ASX: -1.33%

China stocks bounced sharply off one-week lows on Tuesday, cheered by Beijing's 2015 guidelines for economic reform that prioritize further opening of the country's capital market and the restructuring of state enterprises.

The guidelines, which target areas including the Shenzhen-Hong Kong stock connect, the initial public offering (IPO) system and yuan globalisation, revived investor interest in blue-chip stocks, said Tian Weidong, analyst at Kaiyuan Securities in Xian.