According to the private bank, investor appetite for Singapore-focused mandates grew as clients, particularly from China, Hong Kong, Malaysia and Singapore, sought to diversify and reduce concentration risks in US dollar (USD)-denominated portfolios. Investors also liked the “compelling dividend yields” and valuations of Singapore equities and the stability of the city-state’s economy, currency and capital markets.
Bank of Singapore’s (BoS) assets under management (AUM) for its Singapore-focused discretionary portfolio management (DPM) doubled in 2025 thanks to strong demand from high-net-worth investors and family offices for Singapore equities. The mandates allocate between 40% and 95% to Singapore equities, with the remainder invested in Singapore dollar (SGD)-denominated bonds and cash.
DPM refers to a service where clients delegate their day-to-date portfolio management to the bank.
