|
2002
Survey of the Singapore asset management industry
INVESTMENT
OF FUNDS - DISCRETIONARY AUM
Discretionary AUM continued to be invested predominantly in
equities, accounting for S$89.8 billion or 49% of total discretionary
funds. The proportion of the funds invested in bonds has grown
significantly from S$37.8 billion to S$55.7 billion or 30%
of total discretionary funds as investors sought value preservation
in an environment of declining equity markets.
|
2001 |
2002 |
| Amt
(S$bn) |
%
Share |
Amt
(S$bn) |
%
Share |
| Equities |
97.2 |
54 |
89.8 |
49 |
| Bonds |
37.8 |
21 |
55.7 |
30 |
| Collective
Investment Schemes |
14.9 |
8 |
12.8 |
7 |
| Cash,
deposits, Money Market Instruments |
27.8 |
15 |
19.4 |
11 |
| Other
Investments |
3 |
2 |
5.7 |
3 |
| Total |
180.7 |
100 |
183.4 |
100 |
In
terms of geographical allocation of investments, the bulk
of the discretionary funds were invested in Asia, with 18%
invested in Singapore and 51% in the rest of Asia-Pacific.
Chart
4: Investment of discretionary assets
(By Region) |
Charts
5 and 6 provide the breakdown of investments by region for
investments in equities and bonds, respectively.
Chart
5: Investment of discretionary assets in Equities
(By Region) |
|