SINGAPORE - Singapore's Central Provident Fund (CPF) bucked the overall global decline in assets under management (AUM), with its total assets growing 6.6 per cent to US$287 billion ($399.00 billion) last year from US$269.1 billion in 2017.. Read more at straitstimes.com.
SINGAPORE - Singapore's Central Provident Fund bucked the overall global decline in assets under management , with its total assets growing 6.6 per cent to US$287 billion last year from US$269.1 billion in 2017.
This marks the first year since 2012 that the top 20 pension funds' share of the total AUM has fallen. Asia-Pacific was the second-largest region in terms of AUM with pension funds accounting for 26.2 per cent of all assets in the research, behind North America at 45.2 per cent and ahead of Europe at 24.9 per cent.
Asia-Pacific funds in the top 20, on a weighted average allocation, are predominantly invested in fixed income and equities , while holding less in alternative investments and cash.
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