As plans to revitalise SGX spur liquidity, companies should prioritise shareholder value and accountability
The appropriate forum for investors to engage with listed companies on most matters is neither the boardroom nor the courtroom but the public square
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THE national effort to revitalise the local market kicked into a higher gear last week, with the Monetary Authority of Singapore (MAS) announcing the appointment of the first batch of fund managers under its S$5 billion Equity Market Development Programme (EQDP).
MAS said on Monday (Jul 21) that it will place a combined initial sum of S$1.1 billion with Avanda Investment Management, Fullerton Fund Management, and JP Morgan Asset Management.
Participants in the EQDP are expected to focus on the mid-cap and small-cap segment of the market, and pursue fund strategies that improve liquidity and broaden investor participation. The next phase of fund manager selection under the EQDP is expected to be announced by the fourth quarter of 2025.
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