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Fund managers in S’pore pour millions into fixed income, withdraw money from stocks
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Data shows that investors in Singapore have been favouring fixed-income investments over equity funds and funds with diversified portfolios in recent months.
ST PHOTO: KUA CHEE SIONG
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.
