Fullerton is one of nine asset managers to receive capital from the Monetary Authority of Singapore (MAS) to invest in Singapore-listed stocks under the Monetary Authority of Singapore’s (MAS) $5 billion Equities Market Development Programme (EQDP) fund. So far, $3.95 billion of the $5 billion has been allocated to the selected asset managers.
Different fund managers will focus on different asset classes and markets and adopt different investment styles. For Fullerton Fund Management’s new Singapore Value-Up fund (FSGV), portfolio manager Shawn Ang says he looks at three fundamental indicators.
“At the end of the day, what we are looking for is earnings growth, ROIC (return on invested capital) going up, ROE (return on equity) going up. That’s really what our main focus is,” Ang told The Edge Singapore.
