Wann Asset Management views Singapore as a standout asset to strengthen its portfolio, benefiting from major capital market reforms, and driving the ONE-SINGEQ portfolio to connect the Thai capital market to the ASEAN region.
Wann Asset Management stated that Singapore is not only a financial hub of Asia but also one of the most promising growing economies. They recommended using the ONE-SINGEQ fund as an option to diversify investment risk by focusing on technology and AI stocks, supported by the Equity Market Development Programme (EQDP) through the Monetary Authority of Singapore, which increases capital market liquidity. The ONE-SINGEQ-UH fund will be available for subscription from July 7–16, 2569.
Mr. Poj Harinsut, Chief Executive Officer of Wann Asset Management Co., Ltd. (Wann AMC) It has been revealed that in recent years, global investors have placed significant emphasis on technology and AI stocks, resulting in many investment portfolios being concentrated in growth stocks. Meanwhile, the Singapore stock market has been largely overlooked, despite having strong and stable economic fundamentals. Since 2000, Singapore's economy has grown at an average rate of 4.8% per year, higher than the global average GDP growth of 3.5%. Furthermore, in April of this year, inflation remained low at only 1.4%, and the Singapore dollar (SGD) strengthened to its highest level in 11 years against the US dollar, reflecting economic stability and the proactive monetary policy of the Monetary Authority of Singapore (MAS).
“Technology and AI stocks are a key long-term growth theme, but these sectors are highly volatile and can experience sharp corrections when negative factors or market expectations don't meet. Therefore, we view the Singapore stock market as an attractive option for diversification, as it's a high-quality developed market playing a central role in Southeast Asia's financial landscape. Furthermore, during crises or geopolitical uncertainty, the Singapore stock market tends to experience smaller declines than many other markets in the region,” Mr. Poj said.
Another key factor contributing to Wann Asset Management's positive outlook on the Singapore stock market is the Monetary Authority of Singapore (MAS)'s Equity Market Development Programme (EQDP). This represents a major effort to enhance the attractiveness of the capital market and unlock long-term value for Singaporean stocks through a budget of over S$6.5 billion and the attraction of an additional S$1.3 billion in investment from institutional investors and family businesses.
Historical data shows that capital market reforms have consistently generated outstanding returns. From the announcement of capital market reform measures in Korea (January 17, 2567) and Japan (March 31, 2566) until June 25, 2569, South Korea's KOSPI index increased by 283.11%, Japan's Nikkei 225 index increased by 172.77%, and Singapore's STI index (announced on August 2, 2567) increased by 69.62%. Wann Asset Management believes the Singapore stock market has the potential to receive a similar positive response.
Based on the information above, Wann Asset Management views this as an investment opportunity in the Singapore stock market through the Wann Singapore Equity Fund (ONE-SINGEQ), a feeder fund that invests through the Fullerton Singapore Value-Up Fund, managed by Fullerton Fund Management, Singapore. The underlying fund's investment policy is to invest at least 80% of its net asset value (NAV) in stocks listed on the Singapore Exchange (SGX-ST), covering all stock sizes including Large Cap, Mid Cap, and Small Cap. The fund is divided into two class units: ONE-SINGEQ-UH, which does not have a currency hedging policy and will be offered for sale from July 7–16, 2026, and ONE-SINGEQ-H, which has a full currency hedging policy, will be offered for sale subsequently.
“ONE-SINGEQ provides an opportunity to access the Singapore stock market through fund managers with over 20 years of experience. Fullerton is one of nine fund management companies selected to participate in the EQDP program. Fullerton forecasts that the earnings of Singapore-listed companies will grow at an average rate of 8-12% per year by 2026. ONE-SINGEQ-UH is suitable as a satellite portfolio fund to help diversify risk from a core portfolio that may have an excessive allocation to technology or AI stocks. It should be held for at least three years to benefit from the capital market reforms and the unlocking of long-term value in mid- and small-cap stocks,” Mr. Poj said.
Mr. Mark Yuen, Chief Business Development Officer, Fullerton Fund Management. It was stated that, for Thai investors, this fund offers access to high-quality developed markets in the Asian region. The fund's core investment strategy focuses on selecting Singaporean listed companies with clear potential for value enhancement through efficient capital allocation, improved shareholder returns, and strategic corporate actions that can unlock long-term value. In addition, the fund also invests selectively in high-potential mid- and small-cap stocks to generate returns from the positive changes in each company.
while Mr. Ng Yao Loong, Head of Global Financial Markets at SGX Group. The statement indicated that the launch of the ONE-SINGEQ fund in Thailand marks another significant step in strengthening the connectivity of capital markets in the ASEAN region through investment products. The Singapore Stock Exchange is committed to continuing to support regional cooperation to enhance access to ASEAN equities for investors across the region.
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