Asset and wealth management
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- Assets under management (end of 2025): S$6.7 trillion (US$5.2 trillion), up 10 per cent – Chapters E.V, I.V and K.VI1
- Assets under management, series 2020–2025: S$4,654 billion (2020), S$5,415 billion (2021), S$4,909 billion (2022), S$5,407 billion (2023), S$6,067 billion (2024) and S$6,680 billion (2025) – Chapters E.II, E.V and K.III2
- Net inflows (2025): S$376 billion, up 29 per cent – Chapters I.V and K.VI3
- Share of assets sourced from outside Singapore (2025): 76 per cent, of which 39 per cent from the Asia-Pacific region excluding Singapore – Chapters E.IV, E.V and I.V4
- Share of assets invested outside Singapore (2025): 88 per cent – Chapters E.V and K.VI5
- Licensed fund management companies (end of 2025): 1,320, a net increase of 22 in the year – Chapters E.I, E.V and K.VI6
- Alternative assets under management (end of 2025): private equity and venture capital S$795 billion, hedge funds S$343 billion, REITs S$124 billion, real estate S$133 billion – Chapter E.V7
- Assets managed with an ESG overlay (2025): 50 per cent of assets under management, with 310 managers offering ESG strategies – Chapter K.II8
- Assets under management in earlier years: S$150.6 billion (1998), S$465 billion (2003), S$1.173 trillion (2007) and S$1.63 trillion (2012) – Chapters D.V and E.V9
- Share of assets sourced from abroad in earlier years: 86 per cent (2007) and about 80 per cent (2012) – Chapters D.V and E.V10
- Investment professionals in fund management: 822 (1998) and 2,185 (2007) – Chapter D.V11
- Cross-border wealth booked in Singapore (2025): about US$2.1 trillion, up 10.3 per cent, against US$2.9 trillion in Hong Kong and US$15.7 trillion worldwide – Chapters K.III and K.VI12
- Global Financial Centres Index 40 (September 2026): Singapore fourth with 755 points, behind New York (761), London (757) and Hong Kong (756) – Chapters K.III and K.VI13
Notes
- MAS, Singapore Asset Management Survey 2025, p. 2: “Singapore’s AUM grew by 10% to reach S$6.7 trillion (US$5.2 trillion)”, at an exchange rate of USD/SGD 1.2841 on 31 December 2025. The Business Times of 29 July 2026, cited in Chapters I.V and K.VI, gives growth of 10.1 per cent. ↩
- MAS, Singapore Asset Management Survey 2025, p. 2, chart “AUM (S$ billion)”. Chapters E.II and H.III round the 2022 figure to S$4.9 trillion, Chapter K.III the 2024 figure to S$6.1 trillion. ↩
- MAS, Singapore Asset Management Survey 2025, p. 3, Chart 4 “Net AUM Inflows”: S$387 billion (2020), S$448 billion (2021), S$435 billion (2022), S$193 billion (2023), S$290 billion (2024), S$376 billion (2025); “Singapore’s net inflows grew by 29% year-on-year in 2025”. ↩
- MAS, Singapore Asset Management Survey 2025, p. 2, text and Chart 1 (sources of funds: Asia Pacific ex-Singapore 39 per cent, Singapore 24 per cent, North America 15 per cent, Europe 12 per cent, rest of world 10 per cent). ↩
- MAS, Singapore Asset Management Survey 2025, p. 2: “88% of total AUM is invested globally”. ↩
- MAS, Singapore Asset Management Survey 2025, p. 4: “The total number of licensed fund management companies in Singapore reached 1,320, with a net increase of 22 new fund management companies set up in Singapore as at December 2025.” ↩
- MAS, Singapore Asset Management Survey 2025, p. 3, Chart 5 (2025 against 2024: private equity and venture capital 795 against 789, hedge funds 343 against 327, REITs 124 against 115, real estate 133 against 158, S$ billion). ↩
- MAS, Singapore Asset Management Survey 2025, p. 4. ↩
- MAS, 1998 Survey of Fund Management Activities in Singapore, 2007 Singapore Asset Management Industry Survey and 2012 Singapore Asset Management Industry Survey, as cited in Chapters D.V and E.V. ↩
- MAS, 2007 Singapore Asset Management Industry Survey and 2012 Singapore Asset Management Industry Survey, as cited in Chapters D.V and E.V. ↩
- MAS, 1998 Survey of Fund Management Activities in Singapore and 2007 Singapore Asset Management Industry Survey, para 5.1, as cited in Chapter D.V. ↩
- Boston Consulting Group, press release of 27 May 2026 (bcg.com), and Caproasia, “BCG Global Wealth Report 2026”, 4 June 2026, as cited in Chapter K.III. ↩
- Wikipedia, “Global Financial Centres Index”, table for GFCI 40, as cited in Chapter K.III. ↩
For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of October 2026.