Singapore’s central bank launched a S$5 billion Equity Market Development Programme, deploying S$1.1 billion to select asset managers to help rejuvenate the local stock market and attract deeper institutional participation.
As part of its strategy to buffer market volatility and stimulate investor interest, MAS assigned S$1.1 billion to three fund managers—Avanda, JP Morgan Asset Management, and Fullerton—to co-invest in Singapore-listed stocks. These partnerships aim to broaden market participation beyond large-cap players while reinforcing liquidity. The initiative is part of a broader financial sector deepening effort to enhance equity market vibrancy and citizen investor confidence.
MAS equity market support Singapore, MAS EQDP investment, Singapore stock market boost