At SuperReturn Asia, the Monetary Authority of Singapore announced that Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers will receive SGD 1.45 billion in the third allocation under the Equity Market Development Programme. This brings total allocations to SGD 5.4 billion across 14 managers, against the programme’s expanded SGD 6.5 billion capacity. Proposals for a fourth group of managers are under review, with appointments planned for 2027. MAS is also introducing a SGD 20 million market making grant under the Grant for Equity Market Singapore scheme. The grant will target eligible small and mid-cap stocks and new listings, with about 80 stocks outside the Straits Times Index expected to benefit from improved liquidity, execution quality and trading efficiency. The measures form part of a broader effort to deepen Singapore’s public and private capital markets. From late January 2027, a new Investment Management Track under the Overseas Networks & Expertise Pass will allow qualifying applicants to meet the SGD 30,000 monthly salary threshold through at least SGD 15,000 in fixed salary plus variable compensation, subject to meeting the qualifying salary criteria for the previous three years. The Growth Capital Workgroup will separately develop measures to support growth-stage companies, widen exit and capital recycling options, and build financing capabilities, including a review of whether insurer capital requirements adequately reflect the risks of infrastructure and securitisation assets.
Source: 2026-09-29Monetary Authority of Singapore
Monetary Authority of Singapore allocates SGD 1.45 billion to five asset managers and introduces SGD 20 million market making grant
The Monetary Authority of Singapore allocated SGD 1.45 billion to five asset managers, taking total commitments under its equity market programme to SGD 5.4 billion. It also introduced a SGD 20 million grant expected to improve liquidity and execution in about 80 stocks outside the Straits Times Index. Further measures include detailed eligibility terms for a new investment management talent pass and work on growth capital, exit channels and financing capabilities.