Business TimesSingapore
Singapore’s wealthy nearly triple mutual fund ownership
Mutual fund ownership among wealthy Singapore residents has nearly trebled since 2022, according to a Citi report. Singapore now leads Asia, though a large share of affluent investors’ assets remains parked in bank deposits instead of mutual funds.
This card is an AI-assisted summary of reporting published by Business Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.