Singapore scores C in 'global fund investor experience' report
No major weaknesses but market is more expensive and disclosures have room for improvement
Singapore
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.
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