Ge says: “It is worth noting that most of the inflows came in the first quarter. The second quarter actually saw small net outflows of about $62 million, which reflect the market volatility that we saw.
The authorised and recognised unit trusts registered for sale in Singapore posted net inflows of $1.5 billion in the first half of the year, according to Morningstar’s Singapore Fund Flow Report.
This is based on the data submitted by the participating members of the Investment Management Association of Singapore (IMAS), says Morningstar senior manager research analyst Patrick Ge.
