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Singapore's asset management industry grows at slower 5.4% pace in 2018: MAS

Gain comes on back of 15% surge in alternative assets to S$646b on strong inflows, continued valuation gains

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Despite a challenging year for global financial markets in 2018, Singapore's assets under management (AUM) increased further by 5.4 per cent to S$3.44 trillion, according to an annual poll by the Monetary Authority of Singapore (MAS).

Singapore

DESPITE a challenging year for global financial markets in 2018, Singapore's assets under management (AUM) increased further by 5.4 per cent to S$3.44 trillion, according to an annual poll by the Monetary Authority of Singapore (MAS).

This growth was mostly thanks to a 15...

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