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Total assets managed by fund managers in Singapore rose 40% to $1.21 trillion last year, above the pre-crisis peak of $1.17 trillion in 2007, the central bank said on Friday.
Asia Pacific continued to be the main target for investments by Singapore-based managers, accounting for 61% of assets under management in 2009, Monetary Authority of Singapore Deputy Managing Director Ong Chong Tee said at an investment forum.
About 51% of the funds were invested in stocks, while bonds accounted for 16%, the central bank said.
