World : Singapore Appoints 5 Asset Managers, Commits US$1.1 Bln to Equities
SINGAPORE, Sept 29 (Bernama-Xinhua) -- The Monetary Authority of Singapore (MAS) has appointed five asset managers under its S$6.5 billion (about US$5.08 billion) Equity Market Development Programme, with S$1.45 billion to be placed with the managers to support the city-state's equities market, reported Xinhua.
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