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Lion City emerges as a haven for fixed income investors

Singapore dollar-denominated bonds are gaining favour among investors seeking a stable and steady source of income in a low-yield investment environment, according to Manulife Investment Management. Investors have been piling onto the Lion City as it offers a combination of decent-yielding issuances as well as currency, sovereign, and political stability, Alvin Ong told Asian Private Banker. The director and portfolio…

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