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CPFIS funds lose 1.5% in Q2 as money flees Asia

Volatility could persist into H2, says research firm Lipper
Thursday, August 27, 2015 - 05:50

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Funds that can be bought using Central Provident Fund (CPF) savings underperformed global benchmarks to post negative returns of -1.53 per cent in a volatile second quarter, said research firm Lipper.

Singapore

FUNDS that can be bought using Central Provident Fund (CPF) savings underperformed global benchmarks to post negative returns of -1.53 per cent in a volatile second quarter, said research firm Lipper.

The volatility could persist in the second half of the year, as

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