Fund managers in S’pore pour millions into fixed income, withdraw money from stocks

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Fixed-income investments attracted new assets totalling $888.25 million for the April-June quarter. Read more at straitstimes.com.

SINGAPORE - Fund managers in Singapore have been pouring millions into fixed-income investments ahead of other asset classes in recent months, and this trend is expected to continue.

Based on the data submitted by the participating members of the Investment Management Association of Singapore, authorised unit trusts registered for sale in the Republic posted net inflows of $686.31 million in the second quarter of 2023.Get exclusive reports and insights with more than 500 subscriber-only articles every month

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU

Australia Australia Latest News, Australia Australia Headlines