Looking for income? You should invest in Singapore

As the global economy worsens, Singapore - with its dividend-culture and rising dollar - offers a refuge for investors looking for better returns. Here, Cris Sholto Heaton tips the best Singapore-listed stocks to buy now.

Panics are usually kind to the income-seeking investor. Everything sells off hard even good-quality, high-dividend stocks sell off to the kind of levels you don't see in a regular bear market.

Back in early 2009, for example, I wrote about Singapore real estate investment trusts (Reits). With credit markets frozen, investors were terrified these Reits wouldn't be able to refinance their debts. Absolutely first-class stocks such as Ascendas Reit were trading on yields of 12-15%. It was an outstanding buying opportunity.

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Cris Sholto Heaton

Cris Sholto Heaton is an investment analyst and writer who has been contributing to MoneyWeek since 2006 and was managing editor of the magazine between 2016 and 2018. He is especially interested in international investing, believing many investors still focus too much on their home markets and that it pays to take advantage of all the opportunities the world offers. He often writes about Asian equities, international income and global asset allocation.

Cris began his career in financial services consultancy at PwC and Lane Clark & Peacock, before an abrupt change of direction into oil, gas and energy at Petroleum Economist and Platts and subsequently into investment research and writing. In addition to his articles for MoneyWeek, he also works with a number of asset managers, consultancies and financial information providers.

He holds the Chartered Financial Analyst designation and the Investment Management Certificate, as well as degrees in finance and mathematics. He has also studied acting, film-making and photography, and strongly suspects that an awareness of what makes a compelling story is just as important for understanding markets as any amount of qualifications.