Singapore fund flows reflect risk-aversion
First quarter data from Lipper shows investors in Singapore turning more cautious with overall fund inflows declining and equity portfolios posting net outflows versus net inflows previously.
SingaporeÆs unit trusts posted a net inflow of S$1.29 billion ($942 million) in the first quarter of 2008, down from a net inflow of S$1.561 billion ($1.14 billion) in the fourth quarter of 2007, according to a joint report by data provider Lipper and the Investment Management Association of Singapore.Fund inflows amounted to S$7.52 billion ($5.49 billion) in the first quarter, while outflows reached S$6.23 billion ($4.55 billion).Equity unit trusts posted a net outflow of S$85.7 mill…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.