Singapore plans to invest S$5 billion ($3.7 billion) with fund managers to help boost the local stock market, and will start requiring some family offices to deploy a portion of their assets into domestic equities.
Regulators will also make it easier for companies to list on the city-state’s stock exchange, by switching to a more disclosure-based system for initial public offerings and speeding up the listing approval process.
The initiatives were among a host of new measures unveiled on Friday by a government-led