SINGAPORE (Sept 25): Aggregate Asset Management has appointed former diplomat Kishore Mahbubani as its non-executive chairman and non-executive director, with effect from today.

The boutique fund manager was the first fund house in Singapore to not charge a management fee.

AAM's flagship fund holds more than 600 equities in its portfolio. It has a total of $450 million in assets under management, with a net annualised total returns averaging 11.31%.

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