A new stock exchange, local investments by family offices among wish list to revive Singapore bourse
There is consensus across the board that ‘bold’ measures across the entire public equity system are needed
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FORMING a new stock exchange, encouraging family offices to invest locally and creating an ombudsman to protect investors – these were some of the suggestions put forth by players in Singapore’s equity market on how to revive the flailing local bourse.
Their proposals come as the Monetary Authority of Singapore recently announced that it was setting up a review group to strengthen the equity market here. Chaired by Second Minister for Finance Chee Hong Tat, the group is expected to complete its report within a year.
The Business Times spoke to eight people representing various stakeholders in the capital market, such as listed companies, investors and fund managers, for a wish list of changes they wanted to see.
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