Singapore
FULLERTON Fund Management has launched a series of multi-asset funds targeted at savers across various ages, ranging from young savers new to the workforce to older retirees who need to withdraw income in retirement.
The Fullerton SGD Heritage Funds comprise three Singapore-centric multi-asset solutions with varying asset allocation and income payouts. The funds aim to generate regular income and potential long-term capital appreciation.
The series is distributed exclusively by Standard Chartered Bank. Fullerton, a subsidiary of Temasek Holdings, manages about S$48.9 billion in assets, of which multi-asset strategies account for under S$10 billion. NTUC Income took up a minority stake...