- The Equities Market Review Group provided a progress update on 21 Jul. An initial tranche of S$1.1b will be placed with three asset managers under the S$5b Equity Market Development Program (EQDP), and the Monetary Authority of Singapore (MAS) will appoint more asset managers in the second tranche by 4Q25.
- - Read this at SGinvestors.io -
- the ability to crowd in third-party capital; and
- a commitment to support the growth of asset management and research capabilities in Singapore.
- The fund strategies should have a clear focus on improving liquidity and broadening participation in Singapore equities, with significant allocation to small-and mid-cap stocks.
Potential beneficiaries of the EQDP
- - Read this at SGinvestors.io -
Quality small-and mid-cap stocks across diversified sectors are at the centre of attention.
- Read more at SGinvestors.io.
