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Singapore Asset Management Grew by 9% in 2015

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News in Brief - Caproasia Online


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Singapore Asset Management Grew by 9% in 2015

Total assets managed in Singapore grew 9% in 2015 to reach a total of 2.6 trillion dollars. Singapore based asset managers saw inflows of $203 billion last year with much steered to private markets led by private equity firms, venture capital and real estate.

The growth, though solid, was a reduction from the unusual 30% increase to US$1.8 trillion that Singapore saw in 2014.

News Source: Wall Street Journal

 





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