Asia equity dividend funds see surge in inflows
Singapore
ASIA dividend-paying equity funds are drawing billions of dollars that could have gone into other equity funds in the region, as investors seek out assets that yield more than bonds but are less risky than direct stock purchases.
In January to May, dividend funds accounted for three of the top five Asia equity funds ex-Japan with the most fund inflows, according to data from Lipper, a Thomson Reuters unit. The OkasanAM Asia…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cordlife customers push for legal action
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Singapore shares retreat at Thursday’s open; STI down 1.1%
Malaysia weighs casino licence to revive Forest City
Frasers Centrepoint Trust posts 1.8% drop in H1 DPU to S$0.06022