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Global mutual funds picking up S'pore stocks

GLOBAL mutual funds were net buyers of Singapore stocks in the three months to Nov 14. The top five stocks saw net buys of S$1.9 billion in aggregate, compared to net sells of S$769.4 million.However, stocks with market capitalisation of between S$1 billion and S$2 billion saw more sells than buys. Aggregate net sells of the top five stocks in the category came to S$77.6 million, compared to net...


Prudential Singapore posts strong Q3 results

STRONG sales due in part to an increase in the number of agents helped insurer Prudential Singapore record stronger numbers for the third quarter. Annual premium equivalent sales, a common industry measure of revenue, increased 9 per cent to �258 million (S$524 million) for the three months to Sept 30. Prudential, one of Britain's largest insurers, said the performance was mainly because of an...


Credit Suisse private banking APAC posts record performance

SingaporeMOMENTUM is accelerating for Credit Suisse's Asia Pacific private banking business, with all its main markets posting record performances.Net new assets from APAC for nine months 2014 were 16 billion Swiss francs (S$21.4 billion), up an impressive 82 per cent, half of the group's 31.6 billion Swiss francs, disclosed Francesco de Ferrari, Credit Suisse head private banking APAC, in a...


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