{
  "id": 10596810,
  "title": "MAS allocates S$1.45 billion to five asset managers in third EQDP batch: Chee Hong Tat",
  "url": "https://urgent.news/2026/09/29/mas-allocates-s-1-45-billion-to-five-asset-managers-in-third-eqdp",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T03:07:07.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/mas-allocates-s1-45-billion-five-asset-managers-third-eqdp-batch-chee-hong-tat"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Monetary Authority of Singapore (MAS) has allocated S$1.45 billion to five asset managers under the Equity Market Development Programme (EQDP) in the third batch, bringing the total allocations under the initiative to S$5.4 billion out of the S$6.5 billion target. The five managers appointed in the third batch are Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments, and Natixis Investment Managers. Additionally, MAS will commit S$20 million from the Financial Sector Development Fund to a market making grant under the Gems scheme, aimed at improving trading liquidity in Singapore-listed stocks. These measures are part of Singapore's efforts to strengthen its equities market, following the Equities Market Review Group's final report in November 2025.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Straits Times Business",
        "title": "MAS appoints five new asset managers, to inject $1.45b to boost Singapore equities",
        "url": "https://urgent.news/2026/09/29/mas-appoints-five-new-asset-managers-to-inject-1-45b-to-boost",
        "published": "2026-09-29T03:00:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Singapore's MAS to allocate US$1.1bil to asset managers to boost equities market",
        "url": "https://urgent.news/2026/09/29/singapores-mas-to-allocate-us-1-1bil-to-asset-managers-to-boost",
        "published": "2026-09-29T05:12:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}