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Singapore's asset management industry shows strong growth
SINGAPORE'S asset management industry grew strongly last year, with more sovereign wealth funds setting up offices here. Assets under management rose by 30 per cent to S$2.36 trillion in 2014 from S$1.82 trillion in 2013, said the Monetary Authority of Singapore's (MAS) annual report 2014/15 released on Tuesday. "Allocation to…
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Click here to read the full story: Business Times