Morningstar chosen by Singapore's CPFIS

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SINGAPORE - Morningstar has replaced Mercer (Singapore) as investment consultant to Singapore's state pension fund, the Central Provident Fund Investment Scheme (CPFIS).

Morningstar will be responsible for evaluating suitable product providers, such as fund management companies and insurers, as well as their products, such as unit trusts, investment-linked insuranc...

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