Singapore's CPF ranked 9th pension fund in the world

SINGAPORE (Sept 3): Singapore’s Central Provident Fund ranked 9th in the global provision fund, according to the latest global 300 research from Willis Towers Watson’s Thinking Ahead Institute.

The city state maintained its position from the previous year with its assets amounting to US$269.1 billion ($369 billion).

This year, Asia featured prominently with a total of seven pension funds in the top 20. Apart from Singapore, Japan’s Government Pension Investment also maintained its top spot with its assets totalling US$1.44 trillion.

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