MAS injects $1.45b to boost Singapore equities market
The Monetary Authority of Singapore (MAS) has allocated an additional $1.45 billion to five new asset managers to stimulate the local equities market. This initiative is part of a broader $6.5 billion program aimed at increasing liquidity and creating jobs in Singapore's financial sector.
Why it matters
This represents a strategic government intervention to revitalize a local stock exchange and attract international investment.
The asset managers are Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers.
Listen SINGAPORE – Five more asset managers have been announced to help boost the Singapore equities market, as part of earlier efforts to inject liquidity and vibrancy into the local scene.
They are the third batch of asset managers under the $6.5 billion Equity Market Development Programme, which was first announced in 2025 to revive the local market.
The Monetary Authority of Singapore (MAS) will place $1.45 billion with these newly appointed managers, taking the total allocation to $5.4 billion.
The announcements were made at the SuperReturn Asia Conference on Sept 29 by Minister for National Development Chee Hong Tat, who is also the deputy chairman of MAS.
Chee said the earlier two batches of asset managers have laid a strong foundation.
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