Schroders and DBS launch multi-asset Asia fund for retirement planning

clock • 1 min read

Schroders and DBS have announced they are joining forces to launch a multi-asset retirement fund in Singapore. The fund, announced today in Singapore, is called Schroder Asia More+ and will be primarily invested in Asia-Pacific and particularly Singapore-based assets. It will be managed by Schroders and DBS will be the fund's distributor. Asia More+ will have an expected payout of 6.88% on its More+ Now option. Lim Soon Chong, regional head of investment products and advisory at DBS, said: "The concept of decumulation is still relatively new in Singapore. Besides monetary distribut...

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Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.