Led by equity portfolios, funds in Singapore post an average decline of 4.31% in February.
All fund groups posted average losses last year, led by equity funds, says Thomson Reuters Lipper.
Equity funds have suffered the most, posting an average loss of nearly 20% in October, according to Lipper.
Funds that invest in emerging markets helped to prevent fund flows in Singapore from turning negative in the second quarter.
The best and worst performing unit trusts in May were equities funds, says Lipper.
First quarter data from Lipper shows investors in Singapore turning more cautious with overall fund inflows declining and equity portfolios posting net outflows versus net ...
Commodities funds lead the way, while bond funds continue to show lacklustre performance, according to Lipper data.
Lipper analyst Kenneth Koh expects more tough times ahead for funds as markets worldwide attempt to regain their footing.
Net inflows to Singapore unit trusts totalled S$1.56 billion in the fourth quarter of 2007. Equity fund inflows were muted.
Lipper analyst Kenneth Koh expects Singapore’s business environment to be tougher this year, but says share price valuations are looking more reasonable.
Lipper data shows that mutual fund losses in November have capped gains so far this year.
Commodities funds are among the worst performers.
CPF portfolios post net inflows in the third quarter after several months of suffering from outflows.
Save for bond funds, all fund classes in Singapore posted an average decline in performance in August.