In his view, the ambition is to create the right conditions for more technology and growth companies to list in Singapore, whether via primary listings or secondaries, so that investors do not have to go offshore for exposure to home-grown champions.
Singapore equities are drawing renewed attention as policymakers push reforms to deepen liquidity and to raise the appeal of listed companies. However, Mahesh Sethuraman, Saxo’s Singapore CEO, says the market’s next leg of growth still hinges on expanding the pipeline of investable names, especially in technology and other higher-growth sectors.
Sethuraman points to the ongoing Equity Market Development Programme (EQDP) and related value unlock efforts as a near-term confidence boost for local stocks, while warning that structural progress will take time to show up in market composition. “The demand side reforms have been progressing pretty well, and we do expect more demands for reforms coming this year, and that’s going to give us a lot of momentum going into this year and next,” he says.
