- The MAS Equity Review Group’s first set of recommendations demonstrate a strong governmental commitment to revitalizing the domestic equities ecosystem.
MAS Review should drive market participation higher
- - Read this at SGinvestors.io -
- Key first line beneficiaries include financials and brokers, while REITs & small-to-mid-cap companies should see secondary benefits.
Targeted measures to drive liquidity higher
- The MAS and Financial Sector Development Fund (FSDF) will launch a S$5bn equity market development fund which will invest in fund managers with Singapore stock mandates. While not the direct Sovereign Wealth Fund (SWF) participation many market participants were hoping for, it is nevertheless a strong signal in the government’s commitment.
- - Read this at SGinvestors.io -
- Tax exemptions for domestic focused fund managers and research grants focusing on small-to-mid-cap companies and new media dissemination should broaden market participation and stock discovery.
Smoother pathway for new listings, post-listings
- Read more at SGinvestors.io.
