Singapore scores C in 'global fund investor experience' report
No major weaknesses but market is more expensive and disclosures have room for improvement
Add BT as a preferred sourceSingapore
FUNDS in Singapore are expensive, are tied to advice that is not priced in a transparent manner, and are backed by inadequate disclosure reports.
The mediocre showing earned the mutual fund industry here an overall C grade - together with many others that include Hong Kong - in a biannual Morningstar Asia report released on Tuesday.
TRENDING NOW
MAS eases family office tax rules, widens AML checks as Singapore vies for global wealth
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
SGX’s record year masks Singapore’s equities challenge
