Phase 1 of the collaboration, which will involve the launch of the Asset Management Trainee Programme, will provide attractive traineeship opportunities for over 120 trainees in the first year.
The Wealth Management Institute (WMI) will collaborate with the Monetary Authority of Singapore (MAS), the Investment Management Association of Singapore (IMAS), the Singapore Venture Capital & Private Equity Association (SVCA) and leading industry firms, to develop a pipeline of talent for the asset management industry.
The industry is a fast-growing segment within the financial sector, with over 100 fund managers licensed or registered by MAS in 2019 alone.
