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Fidelity: Fewer Singaporean women invest, citing high cost of living

Jovi Ho
Jovi Ho • 4 min read
Fidelity: Fewer Singaporean women invest, citing high cost of living
Those in Singapore say their savings in the last 12 months have decreased, particularly for 40% of women and 32% of men.
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Fewer women in Singapore are actively making decisions about where to save or invest their money. According to a recent Singaporean study on personal finance conducted by investment manager Fidelity International, only 59% of women here actively invest, compared to 72% of men.

While Singapore men hold an average of $93,201 in investments, women here have invested an average sum of only $76,467. The same is true for personal savings: On average, women hold $69,597 in savings while men hold an average of $82,061.

The Global Women and Money 2022 survey aims to understand the experiences and views of women towards investing and money management.

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