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Singapore retail investors' trust in financial institutions falls

Fall of 11 percentage points biggest among 15 markets surveyed; disillusionment over plunge in value in some instruments seen as possible cause

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Singapore retail investors' trust in financial institutions eroded significantly over the past two years, a survey by the CFA Institute shows.

Singapore

SINGAPORE retail investors' trust in financial institutions eroded significantly over the past two years, a survey by the CFA Institute shows.

The proportion of those who trust the financial industry (36 per cent) dropped 11 percentage points from the previous 2018 survey...

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