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Amova, Manulife IM, Lion Global reveal details of fund strategies chosen under MAS’s $5 bil EQDP

Jovi Ho
Jovi Ho • 4 min read
Amova, Manulife IM, Lion Global reveal details of fund strategies chosen under MAS’s $5 bil EQDP
MAS’s six appointed asset managers tell The Edge Singapore about their selected fund strategies. One firm even aims to launch two Singapore-focused equity funds next year. Photo: Bloomberg
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Three of the six newly appointed asset managers that will launch fund strategies under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP) have revealed more details about their upcoming products.

Amova Asset Management Asia, formerly known as Nikko Asset Management Asia, will launch two new Singapore equity funds in 1Q2026. These will complement its existing Amova Singapore Equity Fund and Amova Singapore Dividend Equity Fund.

Meanwhile, Manulife Investment Management’s “Singapore All-Cap Equity strategy” will allocate 40% of funds to Singapore-listed small- and mid-cap stocks.

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