Asset Managers appointed under MAS' Green Investment Programme

Allocation of US$1.8 billion of OFR to climate-related investment opportunities

9 June 2021

Five asset managers were appointed under MAS’ Green Investment Programme (GIP) to manage new equity and fixed income mandates focused on climate change and the environment. The GIP will help to enhance the climate resilience of the Singapore’s Official Foreign Reserves, attract sustainability-focused asset managers to Singapore, and catalyse funding towards environmentally sustainable projects in Asia and beyond.

The asset management companies appointed under the GIP will establish their Asia Pacific sustainability hubs in Singapore and launch new ESG thematic funds for the Asia Pacific region.