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Why are wealthy Indians, foreigners opening family offices in Singapore

By Lee Kah WhyeSingapore, February 6 (ANI): Singapore has seen tremendous growth as a wealth management centre in recent years.
In the ten years from 2012 to 2021, assets under management have increased more than three-fold from SGD1.6 trillion (USD1.2 trillion) to SGD 5.4 trillion, according to data from Singapore’s central bank, MAS (Monetary Authority of Singapore). In just one year, 2021, it grew 16 per cent, the last