EU asset manager Amundi launches new fund in S’pore that tracks Straits Times Index

Endowus has partnered with global asset manager Amundi to launch Singapore’s first unit-trust-based index fund tracking the Straits Times Index (STI) by a global manager. Chairman and Group Chief Investment Officer Samuel Rhee said the fund offers Singaporeans a low-cost and meaningful way to invest in the nation’s growth, while expanding access to long-term wealth building.