Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say
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Singapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek listing on its bourse, analysts said.
Regulators will also require some family offices to deploy a portion of their assets into domestic stocks as among initiatives unveiled by a government-led review group to help revive the country’s languishing stock market.