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Assets under management in Singapore rises 17% to $3.5 trillion

The city-state's financial and fintech sectors are expected to create 6,500 jobs in 2021, particularly in technology, wealth management, corporate banking, and insurance, MAS said.
Assets under management in Singapore rises 17% to $3.5 trillion

Assets under management (AUM) in Singapore rose 17% in 2020, driven by “strong inflows into both traditional and alternative investment strategies, as well as valuation gains across major asset classes,” according to the Monetary Authority of Singapore (MAS).

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