BlackRock to launch quant fund trading Singapore stocks

Businesstimes News
2026.03.31 08:26
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BlackRock is set to launch a quant fund next month focused on large Southeast Asian stocks, with an initial allocation of over 50% to Singapore. The fund, targeting at least S$500 million in assets, will use the MSCI Asean Index as its benchmark and employ quantitative strategies favoring large-cap stocks. This initiative aligns with Singapore's efforts to enhance market liquidity, supported by a S$6.5 billion allocation to asset managers. The MSCI Asean Index has seen a 2% decline this year, following a 12% increase in 2025.