FOR IMMEDIATE DISTRIBUTION    
 
Asset Management Industry Continues to Meet Investor Needs Amidst Elevated Safe Distancing Measures 
 
SINGAPORE, 3 APRIL 2020 – The Investment Management Association of Singapore (IMAS) assures the public that its members will continue to serve the investment needs of their customers, while complying with the latest measures to safeguard the well-being of its members’ workforce.  
 
“Since the start of the Covid-19 outbreak, IMAS has been closely communicating with members in the asset management industry to ensure our industry can continue to function seamlessly. Many of our members have implemented telecommuting extensively over the last weeks. Therefore, as an industry, we are resilient and functioning well. Following the latest Singapore Government’s measures, the financial industry in Singapore continues to remain open and accessible to clients globally. We will ensure that fund management services, such as the subscription and redemption of funds, continue to proceed as usual,” says Carmen Wee, Chief Executive Officer of IMAS.  
 
Susan Soh, Chair of the IMAS Executive Committee, adds, “Navigating through this period as an industry will galvanise us to collaborate more closely and learn best practices from one another to emerge more resilient than ever before. Even as we seek to ensure the safety of our workforce and clients, IMAS members are committed to helping our clients meet their investment needs.”  
 
IMAS has implemented telecommuting measures for its employees and has stressed to all its members the importance of putting in place telecommuting arrangements where the nature of work allows it so.  
 
“The health and safety of our employees and partners are of utmost importance to IMAS. We will continue to adhere to advisories and guidelines from the Singapore government,” says Ms. Wee.