$Keppel(BN4.SG)Keppel’s jump today shows the appeal of holding a blue-chip with strong fundamentals and defensive qualities, especially when market sentiment turns more cautious with the chips sell-off. Today’s update that it has already surpassed its S$100 billion FUM target, driven by strong global capital commitments, further strengthens the asset-light transformation story. I’m happy to hold as growing recurring income and FUM provide a solid foundation for future growth.
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