Singapore's CPF sees 6.6% growth in assets, bucks global downtrend among top pension funds

Singapore News News

Singapore's CPF sees 6.6% growth in assets, bucks global downtrend among top pension funds
Singapore Latest News,Singapore Headlines
  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

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 last year from US$269.1 billion in 2017. Read more at The Business Times.

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.latest World 300 researchAUM at the world’s 300 largest pension funds fell in value by 0.4 per cent year on year to a total of US$18 trillion in 2018, in sharp contrast to the increase of 15.1 per cent in 2017.

“The pace of change in the investment world is a challenge, and scale is a huge advantage in a lot of ways. Many of the most interesting and important developments start with the largest funds, and as new investment ideas like the total portfolio approach and universal ownership gain traction in these organisations, they influence the whole market,” Mr Collie added.

Jayne Bok, head of investment in Asia at Willis Towers Watson, said: “Despite macroeconomic and global trade headwinds, Asia is still a growing region with a young population, and its long-term growth trajectory remains positive.”Asia’s pension funds also remained resilient in a turbulent economic environment, while other regions have experienced limited growth.

On the other hand, North America funds are more focused on return generation and therefore hold less fixed income and more in equities and alternative investments and cash . DC pension plans allow employees and employers to contribute and invest funds over time to build up a pot of money for retirement, while DB plans are employer-sponsored and provide a specified payment amount in retirement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTimes /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CPF sees 6.6% growth in assets, bucks global downtrend among top pension fundsCPF sees 6.6% growth in assets, bucks global downtrend among top pension fundsSINGAPORE - 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.
Read more »

CPF sees 6.6% growth in assets, bucks global downtrend among top pension fundsCPF sees 6.6% growth in assets, bucks global downtrend among top pension fundsSINGAPORE - 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.
Read more »

Family of 4 from Philippines among 149 to become Singapore citizensFamily of 4 from Philippines among 149 to become Singapore citizensSINGAPORE - The Dimalanta family have long called Singapore home since arriving here from the Philippines but they took their commitment to a new level on Saturday (August 31) when they became citizens.. Read more at straitstimes.com.
Read more »

Top Global to buy 43 units in Thong Teck Building for $170m from Allied Tech directorTop Global to buy 43 units in Thong Teck Building for $170m from Allied Tech directorSINGAPORE - Mainboard-listed property group Top Global has decided to buy 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building for $170 million.. Read more at straitstimes.com.
Read more »

Stocks to watch: IHH Healthcare, Keppel, Olam, TPV, SembMarine, BreadTalkStocks to watch: IHH Healthcare, Keppel, Olam, TPV, SembMarine, BreadTalkSINGAPORE - The following companies saw new developments that may affect trading of their shares on Monday (Sept 2):. Read more at straitstimes.com.
Read more »



Render Time: 2025-02-08 16:51:03