Singapore fund flows remain steady

SingaporeÆs unit trusts posted a net inflow of S$1.56 billion ($1.09 billion) in the fourth quarter of 2007, relatively unchanged from the S$1.56 billion recorded in the previous quarter, according to a joint report by data provider Lipper and the Investment Management Association of Singapore.Fund inflows amounted to S$8.57 billion ($6 billion) in the fourth quarter, while outflows reached S$7.01 billion ($4.9 billion).Approved products under the CPF Investment Scheme (CPFIS) managed…