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Singapore’s asset management industry sees 7% rise in AUM to S$2.7 trillion in 2016

Singapore’s asset management industry grew AUM by 7% last year to S$2.7 trillion (US$1.9 trillion), thanks to higher market valuations and fund inflows primarily into alternative assets, according to the results of a survey by the Monetary Authority of Singapore (MAS). In the five years through 2016, the industry’s AUM grew at a CAGR of 15%. At the end of…

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