The next phase of selection will be in Q4 2025.
The Monetary Authority of Singapore (MAS) announced today the appointment of the first batch of asset managers under the $5b Equity Market Development Programme (EQDP) initiative that aims to attract more investors.
The equity managers are Avanda Investment Management, Fullerton Fund Management, and JP Morgan Asset Management.
MAS and the Financial Sector Development Fund (FSDF) will place an initial amount of $1.1b from the $5b EQDP for management with these appointed managers.
Launched in February, the EQDP is an initiative launched by the central bank to boost investment in local stocks, particularly smaller companies. The programme will invest in funds managed by Singapore-based firms that focus on Singapore-listed shares.
Meanwhile, MAS is reviewing the remaining submissions to appoint additional asset managers to the remaining EQDP funds. The central bank expects the next phase of selection to be announced by Q4 2025.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。