Net inflows rose 50% y-o-y to $290 billion, as fundraising activities recovered amid improving investment sentiment from the previous year. Discretionary AUM accounted for more than half of total AUM in 2024, demonstrating Singapore’s ongoing appeal as a hub for key investment professionals and decision-makers, says MAS.
Singapore’s asset management industry recorded assets under management (AUM) of $6.07 trillion in 2024, up 12% from the $5.41 trillion in 2023, according to the latest Singapore Asset Management Survey, released on July 15 by the Monetary Authority of Singapore (MAS).
This increase was driven by both strong market performance and a rebound in net inflows.
