Media OutReach
AI and Blockchain Innovations Propel Singapore’s Fintech Evolution Amid Investment Recalibration: KPMG’s Pulse of Fintech H2’24
- Singapore’s fintech investment recalibrated to US$1.3 billion in 2024, in line with global shifts toward sustainable growth.
- Crypto and blockchain investment increased 22 percent in H2’24 to US$267 million, driven by AI-integrated solutions.
- AI-powered fintech surged, with investment jumping from US$24 million in H1’24 to US$160 million in H2’24, reflecting demand for regtech and automation.
- H2’24 fintech deal value grew 41 percent, reflecting a shift toward high-value, early-stage investments.
SINGAPORE – Media OutReach Newswire – 27 February 2025 – Singapore’s fintech sector recalibrated in 2024, with investment totaling US$1.3 billion, the lowest level since 2020. This strategic pivot reflects a global trend as fintech investment reached a seven-year low of US$95.6 billion. Despite reduced funding levels, Singapore’s focus on innovation and sustainability positions it as a leader in AI-driven solutions and blockchain advancements, according to KPMG’s Pulse of Fintech H2’24 report.
Singapore’s Resilience in Fintech Innovation
While the cautious investment environment slowed overall funding, Singapore remains a hub for fintech innovation. Crypto and blockchain investment rose 22 percent in H2’24, reaching US$267 million, fuelled by AI-powered digital asset solutions and blockchain-based financial infrastructure. Strong regulatory frameworks and institutional interest have solidified Singapore’s role as a strategic leader in these emerging sectors.
AI-powered fintech also made significant gains, with investment soaring from US$24 million in H1’24 to nearly US$160 million in H2’24. Investor interest was particularly strong for regtech, business automation and agentic AI solutions.
“If what we’ve seen in the broader investment space is any indication, AI could be a sleeping giant for fintech investment,” said Anton Ruddenklau, Lead of Global Innovation and Fintech, Financial Services, KPMG International. “However, right now, it’s still very early days. There’s definitely a lot of interest in AI, generative AI, agentic AI and automation, but there’s a lot of caution too. Over the next year, AI-focused regtechs will likely see the most traction among investors as financial services companies look for better ways to respond to the increasingly complex regulatory environment.
Shifting Dynamics in Investment Focus
H2’24 saw the total value of Singapore’s fintech deals rise 41 percent, hitting US$781 million, even as deal volume dropped 36 percent. This underscores a growing emphasis on later-stage deals with high scalability and near-term profitability. Early-stage VC interest remains strong as quality-driven investments gain traction.
Globally, fintech investment also trended towards practical solutions, with funding focused on blockchain infrastructure, climate tech and compliance-driven technologies. This alignment with global priorities underscores Singapore’s adaptability and competitive edge.
The Role of Regulatory Clarity in Blockchain Growth
The blockchain and crypto space in Singapore benefitted significantly from regulatory stability, with H2’24 blockchain investment rising by over 20 percent to reach US$267 million. This growth was spurred by AI-powered blockchain applications, blockchain-as-a-service platforms and notable funding rounds such as Partior’s US$80 million raise for its blockchain-based interbank settlement network—the largest in the Asia-Pacific region.
These advancements position Singapore for continued leadership in the digital assets space while aligning with international regulatory trends.
Global investment in digital assets reached US$9.1 billion in 2024—the highest total ever outside of the outlier years of 2022 and 2023, focusing on market infrastructure, tokenisation, and stablecoins. During H2’24, four of the five largest deals occurred in the Americas, including Stripe’s US$1.1 billion acquisition of stablecoin infrastructure company Bridge, a US$525 million raise by Praxis, and a US$200 million raise by Current—all based in the US—and a US$210 million raise by Canada-based Blockstream. A US$100 million raise by UK-based Crytocoin accounted for the largest deal in the EMEA region.
Payments sector in Singapore faces maturity challenges
Singapore’s payments sector, ranked third among fintech verticals, showcased resilience despite operating in a mature ecosystem. H2’24 witnessed a rise in deal count, with nine transactions totalling US$57.4 million. Innovations like FAST, PayNow, and SGQR provide a robust foundation for the sector, enabling further growth in tailored and scalable payment solutions. Opportunity in this fintech segment lies in cross-border and regional expansion, positioning Singapore as a hub for Asia’s payment growth.
On the global stage, the payments sector demonstrated strong momentum in 2024, with funding nearly doubling year-on-year to reach US$31 billion. While this funding surge was heavily influenced by consolidation and strategic transactions, it highlighted the sector’s critical role in the fintech ecosystem. Landmark deals included GRCR’s US$12.5 billion acquisition of Worldpay and Advent International’s US$6.3 billion privatisation of Nuvei, alongside other notable activities such as Mynt’s US$788 million VC raise in the Philippines.
A Forward-Looking Market Outlook
Amid a recalibrating investment landscape, Singapore’s focus on sustainable growth, innovation, and emerging technologies positions the country at the forefront of fintech evolution. With declining interest rates and easing global election uncertainties, 2025 offers opportunities for increased fintech deal activity and new momentum in AI, blockchain, and digital payments. The Singapore Budget 2025 further accelerates this momentum, introducing initiatives to help businesses access and integrate AI at scale and to attract entrepreneurial talent to establish and grow ventures in Singapore.
| H2 2024 | H1 2024 | |||
| Fintech verticals | Total value
US$ (million) |
No of deals | Total value
US$ (million) |
No of deals |
| Reg Tech | $1.5 | 4 | $2.2 | 4 |
| Insur Tech | $100.0 | 2 | $41.5 | 2 |
| Cybersecurity | $3.0 | 1 | $3.0 | 1 |
| Payments | $57.4 | 9 | $66.2 | 6 |
| Digital assets and currencies (crypto/blockchain) | $267.0 | 53 | $219.1 | 82 |
| AI & ML
*these deals are also tagged with other fintech verticals |
$159.9 | 12 | $24.1 | 15 |
Figure 1: Singapore’s fintech verticals deal values and volume for H1 2024 and H2 2024
| Singapore | Global | |||
| Fintech verticals | Ranking | Deal Size | Ranking | Deal Size |
| US$ (million) | US$ (billion) | |||
| Digital assets and currencies (crypto/blockchain) | #1 | $486.09 | #2 | $9.10 |
| Insurtech | #2 | $141.50 | #4 | $3.10 |
| Payments | #3 | $123.60 | #1 | $31.00 |
| Cybersecurity | #4 | $6.00 | #5 | $0.90 |
| Regtech | #5 | $3.71 | #3 | $7.40 |
| Wealthtech | #6 | 0 | #6 | $0.40 |
Figure 2: Ranking of top Singapore and Global’s fintech verticals in deal values for 2024
Global fintech investment
Regionally, the Americas attracted the largest share of fintech investment in 2024—US$63.8 billion across 2,267 deals, including US$50.7 billion across 1,836 deals in the US. The EMEA region attracted US$20.3 billion across 1,465 deals, while the ASPAC region saw US$11.4 billion across 896 deals. At a sector level, the payments space attracted the largest share of investment (US$31 billion), followed by digital assets and currencies (US$9.1 billion), and regtech (US$7.4 billion).
“It’s been a rough year for nearly everyone—fintechs, corporates, VC and PE firms—given the breadth of challenges and uncertainties in the global market. With only a handful of exceptions, no one wanted to pull the trigger on the largest deals—which have long been a mainstay in fintech investment,” said Karim Haji, Global Head of Financial Services, KPMG International. “But there’s a lot to be positive about heading into 2025. Many critical elections are behind us and investment and deal activity is beginning to pick up. We are starting to see more deals coming through because of interest rate cuts in different jurisdictions and the lower cost of funding. However, we will have to wait and see if the changing world trading conditions impact inflation, interest rates and consequently these positive signs of market change.”
Global Key Highlights for 2024
- Global fintech investment fell from US$119.8 billion across 5,382 deals in 2023 to US$95.6 billion across 4,639 deals in 2024.
- The Americas attracted US$63.8 billion in fintech investment across 2,267 deals in 2024, of which the US accounted for US$50.7 billion across 1,836 deals; the EMEA region attracted US$20.3 billion across 1,4645 deals, while the ASPAC region attracted US$11.2 billion across 896 deals.
- Global M&A deal value fell from $60.2 billion to US$49.6 billion between 2023 and 2024; while H2’24 was softer than H1’24, M&A deal value rose from US$7.4 billion to US$14.2 billion between Q3’24 and Q4’24.
- PE investment declined significantly, falling from US$10.5 billion in 2023 to just US$2.6 billion in 2024, while VC investment saw a modest drop from US$49.2 billion in 2023 to US$43.4 billion in 2024.
- Payments was the strongest area of fintech investment globally in 2024, with US$31 billion in investment compared to just US$17.2 billion in 2023; other sectors that saw investment rise year-over-year included digital assets and currencies —from US$8.7 billion to US$9.1 billion, regtech—from US$4.4 billion to US$7.4 billion, proptech—from US$1.9 billion to US$3 billion, and wealthtech—from US$190 million to US$400 million.
- Corporate VC-participating investment globally fell from US$26 .9 billion in 2023 to US$19.6 billion in 2024; only the EMEA region saw corporate investment in VC deals rise—from US$5.1 billion to US$5.8 billion year-over-year. The Americas saw CVC drop from US$13.8 billion to US$9.9 billion, while ASPAC saw CVC investment drop from US$8.0 billion to US$3.9 billion.
Global: Americas sees VC investment drop to six-year low despite record high in Canada
The Americas saw total fintech investment drop from US$77.6 billion in 2023 to a six-year low of US$63.8 billion in 2024. The US accounted for $50.7 billion of this funding—a decline from US$72.8 billion in 2023. Outside of the US, Canada saw a record high of US$9.5 billion in fintech investment during 2024—driven in large part by the buyout of Nuvei—while investment in Brazil softened from US$2.3 billion to US$1.4 billion. Fintech investment dropped slightly from US$32.8 billion to US$31 billion between H1’24 and H2’24. On a more positive note, investment almost doubled between Q3’24 and Q4’24, rising from US$10.8 billion to US$20.2 billion. Within the US, fintech investment dropped from US$28.8 billion to US$21.9 billion between H1’24 and H2’24, although it also rose from US$9.9 billion to US$11.9 billion between Q3’24 and Q4’24.
Global: Fintech investment in EMEA region sinks to US$20.3 billion—lowest total since 2016
Fintech investment in the EMEA region fell from $27.6 billion across 1,833 deals in 2023 to just US$20.3 billion across 1,465 deals in 2024. H2’24 also saw a significant drop compared to H1’24—from US$13 billion across 820 deals to just US$7.3 billion across 645 deals. While the UK accounted for nearly half of all fintech investment in the EMEA region during 2024 (US$9.9 billion), the total was a significant decline compared to 2023 (US$13.6 billion). Germany also saw fintech investment drop between 2024 and 2025—from US$961 million to a ten-year low of US$815 million. The Middle East saw the most positive results in EMEA during 2024, with fintech investment rising from US$1.2 billion to US$2.2 billion year-over year.
Global: Asia-Pacific region sees lowest level of fintech investment in a decade
Total fintech investment in the ASPAC region fell from US$14.6 billion in 2023 to US11.4 billion in 2024—the lowest level of fintech funding seen in the region since 2014. India accounted for the largest share of this total (US$4.1 billion), led by a US$.5 billion raise by WSB Real estate partners in H1’24. Total fintech investment in China dropped from US$2.6 billion to just US$687 million between 2023 and 2024, while Australia saw fintech investment nearly double from US$840 million to US$2.1 billion; fintech investment in Japan held nearly steady year-over-year at US$660 million.
A sense of optimism for 2025
With interest rates declining in many jurisdictions and election uncertainties finally easing, there’s a cautious sense of optimism within the fintech market heading into 2025. The average time between deals has also lengthened significantly, from approximately fifteen months in 2022 to twenty-four months in 2025—the longest it has been in the last decade—which could make 2025 a critical year for deal-making as fintechs look to ensure their continued operations.
While the payments space will likely remain the biggest ticket of investment globally, digital assets and currencies are well positioned for an upswing in investment—particularly when it comes to market infrastructure, digital tokenisation, and stablecoins. AI is also expected to remain a key priority for investors, with regtech and cybersecurity-related solutions likely to see the most interest in H1’25.
Hashtag: #KPMG’
The issuer is solely responsible for the content of this announcement.
About KPMG International
KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.
KPMG firms operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
Media OutReach
Konica Minolta wins 2025 A3 Line of the Year Award and four Pick Awards from Keypoint Intelligence
Recognition of Konica Minolta’s adaptable, future-ready innovations in office printing technology.
Award-Winning A3 Multi-Functional Print Device Portfolio
Keypoint Intelligence commended Konica Minolta’s comprehensive A3 range, presenting the 2025 A3 Line of the Year Award.
Evaluators cited “superior performance during Keypoint Intelligence’s testing across the entire A3 line,” and praised the company for its “fresh, broad portfolio with a strong feature set that can meet and exceed the needs of hybrid working environments.”
The MFPs also offer cloud-enabled capabilities, facilitating secure document storage and access for remote work. Keypoint Intelligence noted the “simplified setup process and robust administrative capabilities,” as well as “outstanding efficiency, professional-looking print quality, and excellent usability” across the product range. Security features were also highlighted, with the awards acknowledging the “robust security offering to safeguard sensitive data.”
Innovative, Industry-Leading Print Technologies
Four Konica Minolta MFPs—the bizhub C451i, bizhub C551i, bizhub C651i, and bizhub C751i —received Pick Awards 2025. Keypoint Intelligence’s long-term testing revealed “faster-than-average job streams and first-print-out times,” contributing to the devices’ productivity. Evaluators also recognised the MFPs’ suitability for modern work environments, noting “above average scan speeds” that address digitisation needs for hybrid workers.
Evolving to Meet the Needs of Modern Businesses
“As office environments continue to evolve, businesses require print solutions that seamlessly align with their changing needs. While productivity, usability, and high-quality output remain fundamental, the growing demand for hybrid work and digital transformation calls for enhanced connectivity, robust security, and seamless integration with cloud services. Winning the 2025 A3 Line of the Year Award and four Pick Awards from Keypoint Intelligence is a testament to Konica Minolta’s commitment to delivering innovative, future-ready solutions that empower businesses to work smarter and more securely,” said Mr. Francis Chua, General Manager of Regional Sales & Marketing HQ, Konica Minolta Business Solutions Asia Pte Ltd.
Keypoint Intelligence’s recognition of Konica Minolta’s A3 line and individual MFPs underscores the company’s ability to meet these evolving needs and provide businesses with reliable, advanced printing solutions that meet the challenges of today’s dynamic work environments.
The award-winning products are part of Konica Minolta’s next generation of bizhub i-Series MFPs, designed with a focus on security and ease of use.
Hashtag: #KonicaMinolta
https://www.konicaminolta.asia/asia-en
https://www.linkedin.com/company/konica-minolta-business-solutions-asia-pte-ltd
https://www.facebook.com/KonicaMinoltaSingapore/
https://www.instagram.com/konica_minolta_sg/
The issuer is solely responsible for the content of this announcement.
About Konica Minolta Business Solutions Asia
Konica Minolta’s journey started 150 years ago, with a vision to see and do things differently. We innovate for the good of society and the world. The same purpose that kept us moving then, keeps us moving now.
Konica Minolta Business Solutions Asia, based in Singapore, is a wholly owned subsidiary of Konica Minolta Inc., Tokyo, Japan. With its expertise in imaging, data processing and data-based decision making, Konica Minolta creates relevant solutions for its customers – small and medium-sized businesses, large enterprises and public sector – and solves issues faced by society.
Konica Minolta’s Igniting Print Possibilities offering helps printers, converters and brand owners maximize workflow automation to increase efficiency. The company delivers consultancy in all communication matters as well as top-of-the-line production, packaging and label printers. Its finishing devices create print products that stand out and create added value. Konica Minolta has established itself as the production printing market leader for more than a decade (InfoSource).
For an increasing number of organisations, success today is more than the narrow definition of financial prosperity – it also includes protecting the environment and having a positive impact on their workforce as well as the societies they are embedded in. With its commitment to the Sustainable Development Goals (SDGs), Konica Minolta has pledged to consistently pursue its sustainability and social responsibility goals.
The company has been repeatedly recognised for its rich history of social contribution as well as for working towards achieving the SDGs throughout its business and supply chain. Konica Minolta is listed among “2023 Global 100 Most Sustainable Corporations in the World” and received a GOLD Level Recognition Medal in the EcoVadis sustainability ratings for 2023.
Worldwide, the company has over 39,000 employees and is operating in over 150 countries.
For more information, please visit https://www.konicaminolta.asia/asia-en.
Current Market Conditions and Silver’s Performance in 2024
Silver prices increased by 18% in 2024, outpacing the more modest increase of gold. The price was driven by inflationary pressures and stronger industrial demand, particularly in renewable energy uses. While gold is a classic safe-haven investment, silver’s dual role as both an investment and industrial metal gives it a unique edge in volatile markets. Yet, risk management is crucial for avoiding unnecessary losses.
There are two major silver market growth drivers:
- Industrial Demand: Silver’s use in renewable energy, particularly solar panels, electronics, and EV manufacturing continues to expand, distinguishing it from gold, which primarily serves investment and jewellery purposes.
- Macroeconomic Trends: While both silver and gold typically hedge against inflation, silver price drops can be more significant compared to gold in times of economic uncertainty. For example, during the COVID-19 crisis, silver experienced a significant negative return of –20.0%, while gold delivered a positive return of 5.1% in the same period.
Silver Price Forecasts for 2025: Can It Surpass Gold?
Silver is expected to outperform gold in the coming years, whereby limited supply will be countered by increasing industrial demand. The price of silver can even reach $40 per ounce sometime in 2025, given the robust demand. This growth potential creates a nice buying opportunity for traders. Nevertheless, market liquidity risks, rising interest rates, and changes in investors’ sentiments, among other things, may affect the market negatively. What’s more, the asset is far more sensitive to economic cycles compared to gold. In case a recession occurs, silver may drop in price more steeply than gold. Traders should also monitor the gold-silver ratio. If it’s too high, investors may simultaneously sell gold and buy silver, assuming the ratio returns to its long-term average.
Those who consider opting for silver instead of gold should closely analyse both assets and compare their investment risks, nature, and potential profits. Here’s a brief overview of their pros and cons.
- Liquidity & Market Depth: While gold remains a more liquid asset, silver’s increasing institutional interest is narrowing this gap, so the difference in liquidity is minor.
- Volatility & Risk: While silver experiences greater price swings than gold, its volatility presents significant profit-making opportunities for active traders who practice strict risk management.
- Portfolio Diversification: Silver serves as both an inflation hedge and a strategic asset tied to industrial demand.
Traders can tap into the potential of both silver and gold using various trading platforms. These days, the choice of a platform is not limited to MT4 and MT5, and other solutions step up their offerings. For example, Octa broker’ proprietary trading ecosystem, OctaTrader, offers CFDs on silver and gold. OctaTrader reports high trade volume for CFDs on gold this year despite the slackened interest towards the metal after Donald Trump’s election win. According to the Octa analysts, the demand for silver on OctaTrader is currently quite high, leading to amplified liquidity and more profit opportunities.
‘Silver’s long-term value is stable because of its underlying supply-demand dynamics. The metal is widely used in electronics, renewable energy, and medicine’, explains Kar Yong Ang. ‘The Silver Institute expects the total silver supply to increase by 3 percent and reach 1.05 ounces, an 11-year high. The demand is projected to remain at 1.20 billion ounces this year. Considering this, the demand is likely to outpace even the increasing supply. Although the demand for jewellery and silverware is to decline, gains are expected in the consumer electronics market and industrial fabrication. As a result, the deficit is likely to take place’, he adds.
Silver’s strong market momentum, industrial applications, especially for renewable energy and solar panels in particular, and potential price appreciation make it an asset to watch in 2025. While volatility remains a factor, strategic investments in silver may yield higher returns compared to gold. Traders who aim to deal with the asset should address it carefully.
Firstly, keep an eye on inflation trends, central bank policies, and industrial demand to conduct fundamental analysis and identify factors of potential price swings. To manage risks, balance your portfolio and do not build an oversized position in any single asset. If your trading budget is limited, especially after you diversify your investments, you can access an increased balance through trading instruments like CFDs. Platforms like Octa broker provide flexible CFD trading options for silver, allowing traders to capitalise on short-term price movements.
Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
Media OutReach
GROW with Singlife and aberdeen Launch New Exclusive Share Class of Global Income Bond Fund to Deliver Sustainable Payouts Amid Market Volatility
Globally diversified portfolio of crossover bonds aims to deliver attractive yields for investors
SINGAPORE – Media OutReach Newswire – 14 March 2025 – GROW with Singlife (“GROW”), the integrated investment platform under leading homegrown financial services company Singlife, in partnership with aberdeen Investments (“aberdeen”), today launches a new share class of the abrdn SICAV II – Global Income Bond Fund (the “Fund”). Currently exclusive to GROW on its platform, the A Gross Inc Hedged SGD offers investors a compelling Yield to Worst of 6.5% (USD hedged)[1], comprising appealing monthly payouts with potential capital appreciation.
Finding a sweet spot between investment-grade bonds and high-quality high-yield debt, the Fund invests substantially in global multi-sector bonds rated BBB (the lowest investment-grade rating) and BB (the highest high-yield rating). This dual-market approach appeals to both conservative investors seeking stability and those pursuing higher returns. With a globally diversified portfolio spanning investment-grade, high-yield, government, and emerging markets bonds, the Fund offers attractive yield potential while maintaining moderate credit risk, making it a compelling long-term solution for income-focused investors.
The launch comes at a pivotal time in the market. With inflation easing across most global markets and central banks expected to begin rate-cutting cycles, returns from short-term cash management instruments such as fixed deposits and money market funds have declined, making them less appealing to investors looking for higher yields. In such an environment, fixed income investments are gaining attention for their ability to provide higher yields and more sustainable returns. According to Morningstar, a leading global investment research firm, fixed income funds saw record inflows of USD1 trillion in 2024, trumping all other asset classes.
Tim Wong, Head of Product at GROW with Singlife, said: “As part of our commitment to provide advisers and their clients access to innovative and high-quality investment opportunities, we are proud to partner with aberdeen for the launch of an exclusive share class of the abrdn SICAV II – Global Income Bond Fund. With rising life expectancy and increasing cost of living, many investors are looking for ways to secure reliable income to support their retirement goals. This Fund represents a compelling option for those seeking attractive, stable income solutions with controlled risks.”
As Singapore’s population ages and life expectancy continues to rise, the need for reliable retirement income is becoming increasingly critical. A 65-year-old today requires an estimated $685,000 to fund 20 years of retirement, or approximately $2,856[2] per month, covering basic expenses. With stable and attractive payouts to support long-term financial security, the abrdn SICAV II – Global Income Bond Fund offers a sustainable solution for investors.
Natalie Tan, Head of Wholesale Southeast Asia at aberdeen Investments, said: “We are thrilled to partner with GROW with Singlife to introduce a new share class of the abrdn SICAV II – Global Income Bond Fund to investors. This Fund reflects aberdeen’s commitment to help investors navigate market transitions with innovative solutions that aims to achieve sustainable, long-term returns. Looking at the existing landscape, the current bond yields across nearly all major fixed income sub-asset classes well exceed their 10-year averages, presenting an enticing entry point for fixed income investors. With a globally diversified portfolio of bonds, this Fund will be a valuable addition to any income-focused portfolio, offering the potential for high-yield returns at investment-grade risk levels.”
The Fund has a strong history of delivering consistent income and competitive performance. Over the past decade, it has consistently ranked among the top performers in its category, according to Morningstar. As of December 2024, the Fund is in the top 25% in terms of performance over the last one, five, and seven years within its category. This demonstrates its ability to generate attractive, risk-adjusted returns across different market conditions, making it a reliable choice for income-focused investors.
GROW officially introduced the abrdn SICAV II – Global Income Bond Fund, A Gross Inc Hedged SGD, at a launch event at Marina One, attended by industry leaders and financial advisers. Investors can contact their Financial Adviser Representatives or visit grow.singlife.com to learn more.
Hashtag: #GROWwithSinglife
The issuer is solely responsible for the content of this announcement.
About GROW with Singlife
GROW with Singlife is an integrated investment platform under the Singlife Group, a leading homegrown financial services company. GROW’s platform offers an integrated investment solution that combines intuitive technology with tailored services, and a progressive range of products, alongside insights, tools, and support, to enable advisers to provide more meaningful and impactful advice to their clients. We are committed to supporting our employees, financial advisers, and end clients with care, consideration, and compassion at every step of their financial life journey.
About aberdeen
aberdeen is a global investment company that helps clients and customers plan, save and invest for the future. Our purpose is to enable our clients to be better investors. aberdeen manages and administers £511.4bn of assets for clients (as at 31 December 2024). Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and Personal – focused on their changing needs. The capabilities in our investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs. As at 31 December 2024, our investments business manages £369.7bn on behalf of clients – including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.
About Singlife
Singlife is a leading homegrown financial services company that offers consumers a better way to financial freedom. We are headquartered in Singapore with a presence in the Philippines.
Singlife meets diverse customer needs by offering a comprehensive suite of insurance products, including life and health, general insurance and investments, employee benefits and financial advisory solutions.
We achieve this through a differentiated, open-architecture distribution model and Singapore’s largest network of financial advisers.
A pioneer in the digital insurtech space, we offer digital solutions accessible through the Singlife App and GROW with Singlife, an investment platform.
We are a key player in the employee benefits solutions space and are the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. We’re also one of three government-approved long-term care insurance providers in Singapore.
We take our commitment to achieving Net Zero seriously and are an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment.
Singlife was formed from the merger of Aviva Singapore and Singlife, originally an insurtech start up, in January 2022. Singlife is now a wholly owned subsidiary of Sumitomo Life, who acquired Singlife in 2024. We have over S$14 billion in assets as of 31 December 2023 and are rated “A” and “Baa1” by Fitch and Moody’s respectively.
Sumitomo Life was established in 1907 and is one of Japan’s largest life insurance companies, with over US$300 billion in assets as of 31 March 2024.
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