Singapore Exchange Group (SGX Group) has partnered with MOBILIST, a flagship programme of the UK government’s Foreign Commonwealth & Development Office (FCDO), with the goal of mobilising public capital markets to support sustainable environmental, social and economic development in Asia. 

Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) provides funding and technical support to new issuers of securities aligned with the Sustainable Development Goals (SDGs) across emerging and frontier markets. The programme identifies and supports new, additional, scalable and commercially viable investment products that are seeking a public listing on major global exchanges, such as SGX Group.  

Public capital markets have a crucial role to play in mobilising private capital to support the SDGs, by providing regulated, liquid access to new opportunities to the broadest range of investors. As a leading international multi-asset exchange in a UK government priority region, SGX Group is a key strategic partner for MOBILIST. MOBILIST’s endorsement as a ‘catalytic initiative’ by the Glasgow Financial Alliance for Net Zero (GFANZ), of which SGX Group is part of the GFANZ Principals Group and also a founding member of the Net Zero Financial Service Providers Alliance, highlights SGX Group’s and MOBILIST’s shared commitment to a transition to a net-zero economy. 

The Rt Hon Elizabeth Truss MP, Secretary of State for Foreign, Commonwealth and Development Affairs, UK Government, said, “Singapore Exchange Group exemplifies the strength and depth of Asian markets as a source of honest, reliable development and climate finance. The UK government is committed to working with Singapore and the many high-quality firms in its thriving public market to support capital mobilisation.”  

Loh Boon Chye, Chief Executive Officer, SGX Group, said, “To achieve green and inclusive growth in Asia, the private and public sectors must work hand-in-hand to finance innovative solutions that support the SDGs. Our partnership with MOBILIST is a step in this direction, and we are excited to connect MOBILIST with our ecosystem to identify and fund new sustainable investment opportunities. As Asia’s most international exchange and the leading venue for international and sustainable green bonds, SGX Group offers an ideal fundraising platform for companies to grow and scale. MOBILIST’s support will further mobilise capital from the deep and broad investor base in Asia who are increasingly seeking to invest responsibly with impact.” 

MOBILIST Investment and Technical Assistance to SGX Group’s Capital Market Participants 

MOBILIST is actively seeking to identify eligible products and new issuers that could benefit from its assistance.  

MOBILIST can support new issuers through a combination of equity capital, technical assistance funding, advisory services, and enhanced visibility through the UK government’s platforms, guidance and backing. Whilst MOBILIST can only deploy equity capital, the programme can provide debt securities issuers with technical assistance funding.  

MOBILIST seeks to partner with financial institutions at the core of capital markets and will engage with and accept proposals from SGX Group’s pool of over 40 accredited issue managers. 

For more details on the programme, please visit https://www.ukmobilist.com/ and https://www.sgx.com/equitycapitalmarkets.