South and Southeast Asia's infrastructure needs have prompted the central bank to act as a conduit for investment, partly by overseeing the creation of new investment vehicles.
The Singaporean central bank has shifted a healthy slice of its reserves to the sovereign wealth fund, ahead of an expected economic slowdown amid slowing global trade.
Singapore's reserve-rich central bank could be looking to tweak its IG bond-heavy approach to investing to help supplement the city-state's financial status and make diversification gains.
The central bank hopes to draw more private equity and infrastructure fund operators to Singapore and may yet push more money out to external managers in time.
Insurance firms in Singapore will need to review existing custodian agreements or even renegotiate them in view of incoming rule changes, regulation experts say.
Influential investors GIC and Temasek, along with other Asian asset owners, are showing increasing concern about the escalation of the US-led trade conflict.