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30% YTD increase in DPM assets drives Bank of Singapore’s AUM jump

Bahren Shaari, Chief Executive Officer, Bank of Singapore

Bank of Singapore’s AUM reached US$95 billion at the end of the third quarter, driven largely by “healthy inflow of fresh funds” which includes a 30% YTD increase in funds managed through discretionary portfolio management (DPM), the Singaporean private bank’s CEO, Bahren Shaari told Asian Private Banker. According to the bank’s latest financial earnings, Bank of Singapore’s AUM increased from US$79…

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