US EditionMAS Appoints Three Asset Managers to Invest Part of S$5 Billion Fund to Support Singapore Stock Market
SINGAPORE, JUL 21 – The Monetary Authority of Singapore is deploying S$1.1 billion to three asset managers to boost liquidity and broaden investor participation in small- and mid-cap equities, as part of a S$5 billion programme.
- On July 21, 2025, the Monetary Authority of Singapore will allocate S$1.1 billion to three asset managers, with more co-investments to be announced late this year.
- Following an equity market review, MAS announced a S$5 billion Equity Market Development Programme, aiming to broaden investor participation beyond large-cap stocks.
- The Monetary Authority of Singapore has appointed Avanda Investment Management, Fullerton Fund Management and JP Morgan Asset Management, citing alignment with EQDP objectives and commitment to grow asset management capabilities, after receiving over 100 proposals for co-investment.
- Additionally, MAS will set aside S$50 million to strengthen local equity research over the next three years, and Chee Hong Tat said `We do want to see more participation from retail investors`.
- By the fourth quarter of 2025, MAS plans to extend the GEMS scheme to December 31, 2028 with S$50 million funding.
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Singapore central bank to place S$1.1 billion with asset managers to boost stock market
By Jun Yuan Yong SINGAPORE (Reuters) -Singapore’s central bank will place S$1.1 billion ($856.36 million) with three asset managers as part of a S$5 billion programme to boost the stock market, it said on Monday, with more co-investments to be announced late this year. The move comes as part of an ongoing probe into the local stock market by the Monetary Authority of Singapore and a review group set up in August last year, with the aim of streng…
Singapore to Allocate $856 Million in First Phase of Stock Plan
Singapore plans to allocate S$1.1 billion ($856 million) to three asset managers, including JP Morgan Asset Management, as part of a broader effort to enhance liquidity and expand investor participation in the local stock market.
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Total News Sources13
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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