RM880 billion man high on Malaysia and Dr Mahathir

Pictet Wealth Management's David Gaud is bullish about Malaysia because of higher oil prices, its recovering ringgit and a narrowing deficit. – YouTube screen grab, June 7, 2018.

WHILE foreigners have been dumping Malaysian stocks for five straight weeks, ‎David Gaud is doing the opposite.

The Asia chief investment officer of the US$220 billion (RM880 billion) Pictet Wealth Management has been buying Malaysian stocks after Pakatan Harapan’s election victory last month.

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