The new initiative also offers a disciplined stock selection in recently listed equities in Asean and Hong Kong, with a 50% Singapore allocation target.
CGS International Securities is introducing a new discretionary portfolio mandate on the back of Asean bourses’ initiatives to rejuvenate their capital markets. This includes Singapore’s $5 billion equity market development programme (EQDP), Malaysia’s Catalysing MSME (Micro, Small, and Medium Enterprises) Access to the Capital Market Roadmap and Thailand's Capital Market Attractiveness Initiative.
The new mandate, named CGSI Ascend Access Strategy, is designed to offer investors access to initial public offerings (IPOs) and secondaries, which are traditionally reserved for institutional investors.
