FSI Sector Allocation - May 2025 Update

Please CLICK HERE to download the sector allocation report in PDF format.

Market Recap

April stood out as one of the most historic months in recent memory. We not only witnessed the historic “Liberation Day” tariff announcement and the following market selloff, but also experienced a historic rally following the announcement to temporarily pause the tariffs.

Overall, while there are still many uncertainties surrounding the tariff policy, the market finally found its footing and ste...

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