Other asset classes did well too.
In April, AUM across exchange-traded funds crossed $20 billion at the end of April, up 5% m-o-m and up 45% y-o-y.
For one, the SPDR Straits Times Index ETF crossed $3 billion in AUM on the back of $79 million in monthly inflows, positioning it as Singapore’s biggest equity ETF, while gold ETFs recorded a 23rd consecutive month of gains with April inflows of $174 million.
Meanwhile, capital-raising activity accelerates, with not just a new listing but also three Catalist companies Aspial Lifestyle, Choo Chiang Holdings and MoneyMax Financial Services announcing transfers to the Mainboard.
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Secondary placements raised $1.75 billion, doubling the year-to-date tally to $3.13 billion.
SGX shares closed at $21.58, up 2.27% for the day, and up 26.57% year to date.
