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Over-allocation into cash results in returns shortfall: Manulife
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Genevieve Cua
Published Wed, Jun 3, 2015 · 09:50 PM
Singapore
IT'S one step forward, half-step back for savers in Singapore and most of Asia, who are striving to built up their nest egg.
A study by Manulife Asset Management has found that over-allocation into cash has resulted in portfolio returns being eaten up by the costs of savers' financial goals.
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