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Alternative assets account for bulk of inflows to Singapore funds: MAS

They grew 17% in 2016; traditional funds grew 3%

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However, net fund inflows were the lowest since 2012 at S$116 billion, the latest survey of the fund management industry by the Monetary Authority of Singapore (MAS) has found.

Singapore

SINGAPORE's fund management industry posted a respectable 7 per cent growth in assets to S$2.7 trillion in 2016, thanks in large part to improved valuations.

However, net fund inflows were the lowest since 2012 at S$116 billion, the latest survey of the fund management

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