MAS appoints 5 asset managers with S$1.45 billion allocation to support Singapore stock market
The Monetary Authority of Singapore is also reviewing proposals for a fourth batch of asset managers and expects to complete the review in 2027.
Singapore's economy will flourish as local investors venture into young, emerging companies and unconventional business models, even if some fail or remain loss-making for years. This support will establish a pipeline of companies for the next generation of Singaporeans to invest in, bolstering the local stock market's self-sufficiency and resilience, according to SGX chairman Koh Boon Hwee in his annual letter.
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