Ravi Menon, managing director of Monetary Authority of Singapore (MAS) lauded the 1.2% decrease in total assets managed by Singapore-based asset managers, totaling S$1.34 trillion (US$1.07 trillion) commenting that the figure was “not bad” given the weak performance and volatile financial markets worldwide. According to Menon, the number of investment professionals in the city-state increased by 15% last year alongside…
Have a confidential tip? Get in touch [email protected]