Despite worldwide downtrend in pension funds, CPF grows by 6.6% in assets

Singapore—Unlike other pension funds around the world, Singapore’s Central Provident Fund (CPF) has defied the downward trend experienced by assets under management (AUM). The total amount of CPF has actually grown by 6.6 percent over the past year, going from S$375 billion in total assets in 2017 to nearly S$400 billion in 2018. Singapore has … Continue reading Despite worldwide downtrend in pension funds, CPF grows by 6.6% in assets