New MAS-Industry Group to Strengthen Singapore’s Funds Ecosystem
Singapore Funds Industry Group (SFIG) brings together the asset management value chain including fund managers and service providers.
The SFIG will identify emerging trends and formulate strategies to develop the asset management ecosystem comprising of four working groups (WG):
- Infrastructure and Innovation WG to Monitor market developments and spur innovation, including technology and data analytics;
- Policy WG to provide regulatory, legal and policy recommendations;
- Capabilities and Training WG to build deep pool of fund specialists and directors in areas such as product development, administration, distribution, fund oversight and governance, including ESG and green finance;
- Promotion and Advocacy WG - raise the profile of Singapore as a leading asset management and fund domiciliation hub.
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