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Amova to launch 2 EQDP funds focusing on local small- mid-caps

Samantha Chiew
Samantha Chiew • 2 min read
Amova to launch 2 EQDP funds focusing on local small- mid-caps
The two new funds will complement Amova AM's current suite of Singapore equity offerings. Photo: Bloomberg
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Amova Asset Management (previously Nikko AM), one of the six appointed asset managers that will launch fund strategies under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP), will be launching two new funds in the first quarter of 2026.

One of the funds is Singapore All Share Strategy that seeks diversified broad-based Singapore equity exposure; while the other is an alpha-seeking “pure play mid- small- cap fund” that focuses on emerging opportunities called the Singapore Small Mid Cap Strategy.

In a press briefing on Nov 25, Lai Yeu Huan, head of Asian equity at Amova AM says: “We have been consistent champions of Singapore as a potential and its potential as an investment destination that rewards conviction and forward thinking.”

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