MAS picks fund managers to get $2b under green plan
Singapore’s financial regulator and central bank is ramping up its drive to become a sustainable investment hub and has chosen the recipients of new mandates in this area.
The Monetary Authority of Singapore has chosen asset managers to receive $2 billion of its funds under its green finance programme, said the head of the regulator and central bank on Tuesday (March 9).
“Through a highly competitive process, we have now identified a select group of asset managers with a strong green focus,” said Ravi Menon, addressing the annual Imas-Bloomberg conference in the city-state, without giving the number or names of the firms in question.
Ravi Men…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.