Singapore Exchange Eyes Single-Stock ETFs, Tie-Ups for Growth
Singapore Exchange Ltd. is exploring offering a broader suite of exchange-traded funds and stepping up partnerships across markets as it seeks to bolster its position as Southeast Asia’s key multi-asset exchange.
Singapore Exchange (SGX) is exploring the addition of a wider range of exchange-traded funds (ETFs) and strengthening partnerships across markets to boost its standing as South-east Asia’s leading multi-asset exchange, according to chief executive Loh Boon Chye. The exchange currently offers 53 ETFs, with over $21 billion in assets under management, and is considering single-stock or leveraged products if there is sufficient interest, despite concerns about the volatility they can introduce.
SGX has already launched its first physical gold ETF and will introduce an active ETF tracking the iEdge Singapore Next 50 Index in September. Looking to regional collaborations, SGX has partnered with Nasdaq to facilitate companies seeking a dual listing on both the SGX and the US tech gauge, and with the Thai bourse to offer depository receipts for Thai-listed companies.
Loh expects a higher number of initial public offerings (IPOs) in 2027, noting that SGX now has more than 50 IPOs in the pipeline compared to last year.
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- Singapore Exchange eyes single-stock ETFs, tie-ups for growth straitstimes.com
