EconomySingapore picks five firms to boost equity market amid Hong Kong rivalry
Singapore’s central bank has appointed Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers to oversee S$1.45 billion in locally focused equity strategies. The mandates are part of the city state’s latest effort to revive its stock market as competition with Hong Kong intensifies.
Singapore picks five firms to boost equity market amid Hong Kong rivalry
Economy