Aberdeen Singapore Fund, Inc. (SGF)
Sep. 30, 2015 - Aberdeen Asset Management -
Singapore stocks continued their losing streak over the quarter, as uncertainty over the extent of China’s economic slowdown and confusion over the timing of a U.S. interest rate hike contributed to rising expectations of subdued global growth. In September, economists lowered their growth forecasts to 2.2%, citing concerns of anaemic growth for the manufacturing, construction, and services sectors. August industrial production fell by more than expected, which marked the seventh consecutive monthly decrease.