Singapore funds post S$1.6 billion in net inflows

Net inflows to unit trusts in Singapore totalled S$1.562 billion ($1.079 billion) in the third quarter of this year, up from S$1.287 billion ($889 million) in the second quarter, according to a recent Lipper report. Total fund inflows rose to S$9.056 billion ($6.259 billion) in the third quarter, while outflows reached S$7.494 billion ($5.179 billion).Equity unit trust net inflows were the strongest at S$1.694 billion ($1.171 billion) in the third quarter, sharply higher than S$630.…