IMAS throwing light on Singapore funds sales

The funds association and Lipper will publish data on funds flows in Singapore''s unit trust industry.

Investors, fund management executives, funds distributors and securities regulators in Singapore have had to operate on gut feel when it comes to understanding what products are selling. Unlike other markets in Asia except for Malaysia, Singapore has had no mechanism to compile data on funds flows.

Now the Investment Management Association of Singapore Imas has drummed up sufficient support from fund houses to assemble this data. Lipper will collect data provided by fund companies, with the aim of publishing the first report on June numbers sometime in July, says Andrew Kwek, executive director at Imas.

Many fund companies have resisted such a move for years, because they...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222