Including the first batch of EQDP appointments that placed $1.1 billion with three asset managers in July, MAS has allocated a total of $3.95 billion with nine asset managers. The remaining EQDP submissions will be reviewed and the next phase of appointments is slated to be released in 2Q2026.
The Monetary Authority of Singapore (MAS) has unveiled several key measures alongside the release of the equities market review group’s final report on Nov 19.
This includes the appointment of six asset managers that will launch fund strategies under the Equity Market Development Programme (EQDP). MAS will place $2.85 billion out of the $5 billion fund with Amova Asset Management (formerly Nikko Asset Management), AR Capital, BlackRock, Eastspring Investments, Lion Global Investors and Manulife Investment Management.
