Global asset manager and operator, Keppel Ltd. (SGX: BN4) has surged roughly 29% year to date (YTD) on the back of strong business execution. The question on every investor’s mind is: With secular tailwinds at its back, can the stock power higher, or has most of the upside been priced in? Why Keppel’s share price has climbedKeppel’s surge has been driven by its strategic change from a conglomerate business model, previously focusing on capital-intensive industries such as offshore marine and telecommunicati ...