MAS allocates S$1.45 billion to five asset managers in third EQDP batch: Chee Hong Tat

[SINGAPORE] The Monetary Authority of Singapore (MAS) will allocate S$1.45 billion to five asset managers under the latest round of its Equity Market Development Programme (EQDP), taking total allocations under the initiative to S$5.4 billion out of its S$6.5 billion.

The five managers appointed in the third batch are Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers, said Chee Hong Tat, minister for national development and deputy chairman of MAS, at the SuperReturn Asia conference on Tuesday (Sep 29). READ MORE...