The best and worst performing unit trusts in May were equities funds, says Lipper.
Lipper analyst Kenneth Koh expects more tough times ahead for funds as markets worldwide attempt to regain their footing.
Lipper analyst Kenneth Koh expects Singapore’s business environment to be tougher this year, but says share price valuations are looking more reasonable.
Commodities funds are among the worst performers.
The firm believes Singapore’s aging population will be attracted to a regional fund providing steady income.
The alternative fund manager teams up with the ADB to support troubled Asian companies.
Conrad and Ottess'' fund of hedge funds will launch in mid March with an emerging-markets bias.
London-based KBC Alpha sets up an Asian office to keep track of the region''s expanding hedge fund industry.
Creo Capital''s pan-Asian long/short fund will begin trading with $20 to $25 million.
Binjai Hill''s Asian Acorn Fund is an absolute return, long bias fund and its investment procedures are audited by a third party.
The Lion City is now calling for industry opinions to its proposal for a private pension scheme.
Michael Marusiak takes up the new position managing emerging-market equities from Asia.
AIG will distribute a Deutsche yield-enhancement fund to retail investors.
DBS Asset Management launches absolute return fund.
Serene Tan promoted to regional development manager.
Rhicon Currency Management begins trading its global forex fund in tough market conditions.
The government makes public its industry review of 2000.
Accelerating corporate restructuring and venture capital inflows into Europe will be key to SG new fund''s success.
Changes to the CPF next year could inject more than S$37 billion into the fund management industry.