Singapore names five asset managers under S$6.5b equity market programme
SINGAPORE, Sept 30 — The Monetary Authority of Singapore (MAS) has appointed five asset managers under its S$6.5 b...
The Monetary Authority of Singapore (MAS) has designated five asset managers to participate in the S$6.5 billion Equity Market Development Programme, with S$1.45 billion allocated to support the city-state's equities market. The selected managers are Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments, and Natixis Investment Managers, bringing the total placements under the programme to S$5.4 billion across 14 asset managers.
These firms will leverage their global distribution networks to attract international capital seeking exposure to Singapore and the region, thereby broadening participation in Singapore's equities market. The MAS is currently reviewing proposals for a fourth batch of asset managers, with a completion expected in 2027.
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