Fullerton Fund Management and SGX Group launch the Value-Up Singapore Equities Challenge to spark real-world investing among students
- Aimed at promoting financial literacy among tertiary students aged 18 and above.
- Offers participants a practical platform to apply investment concepts through a six-week trading simulation and in-person stock pitch finals, with cash prizes for the top three teams.
- Creates meaningful exposure and internship pathways within the asset management industry, with up to 5 internship offers. The internship also serves as a pathway to potential permanent placement as a research analyst, subject to internship performance.
- Broadens public awareness of Singapore equities by engaging participants through a practical and interactive learning experience that showcases the market’s diversity and potential.
- Introduces InvestSG community platform to investors to provide community learning and support in their investment journey.
SINGAPORE, 15 December 2025 – Fullerton Fund Management (“Fullerton”), in collaboration with SGX Group, today launched the Fullerton / SGX Value-Up Singapore Equities Challenge (“The Challenge”), a new initiative designed to help tertiary students in Singapore experience what real-world investing looks like – from research and stock selection to presenting investment ideas to industry professionals.
The Challenge gives students a practical, hands-on pathway into Singapore’s equities market at a time when interest in long-term investing is growing. With up to S$18,000 in cash prizes, access to industry mentors, and the chance to be fast-tracked for internship opportunities at Fullerton, the Challenge is designed to open doors for young investors and help them build confidence in navigating the market.
The Challenge will run over a six-week online trading period from January 26 to March 6 2026 on InvestSG, a Singapore market focused community platform[1], during which student teams construct and manage portfolios of Singapore-listed securities. The top six teams will advance to an in-person stock pitch challenge held at SGX Centre on April 2 2026, where they will present their investment theses to a panel of judges from SGX Group, Fullerton, Temasek, and IMAS. Cash prizes of $10,000, $5,000 and $3,000 will be awarded to the top three teams.
This initiative is also launched against the backdrop of broader stock market reforms. The Equity Market Development Programme (EQDP), one of the key measures announced by the Equities Market Review Group, aims to strengthen the local asset management and research ecosystems and increase investor interest in Singapore’s equities market. SGX RegCo has also introduced regulatory changes that shift the market towards a more disclosure-based approach, which is designed to improve listing efficiency and enhance the role of market discipline in capital allocation.
For students, the Challenge brings these developments to life. Instead of learning about markets from textbooks, participants will now get to step inside the ecosystem, research companies, analyse market drivers and understand how local businesses create value.
Through the Challenge, students will be able to:
- Develop habits of research, deepen analysis, and introduce fundamentals-based investing that support informed decision-making;
- Receive feedback on their investment ideas from the judging panel during the in-person pitch finals (for shortlisted teams); and
- Gain visibility of opportunities within Singapore’s equities landscape and evaluate local companies from a broader and long-term perspective
In addition, the Challenge provides a structured assessment pathway for internship selection. Of the 24 finalists, up to 10 participants[2] will be shortlisted for a half day assessment at Fullerton. The assessment is designed as a focused evaluation for internship selection, allowing Fullerton to identify participants with strong potential for the internship roles available. Up to 5 internship offers will then be extended on individual merit. The internship also serves as a pathway to potential permanent placements as research analysts, subject to internship performance.
Jenny Sofian, Chief Executive Officer of Fullerton Fund Management, said: “Fullerton remains deeply committed to nurturing the next generation of investment talent. With our strong local parentage and decades of experience in Singapore’s equities market, we are well-positioned to give young investors meaningful insights into the opportunities shaping our home market. Through this Challenge and our internship programme, we are proud to offer tertiary students hands-on exposure to the asset management industry and play our part to develop emerging talent for Singapore’s financial sector.”
Ng Yao Loong, Head of Equities, SGX Group said: “Partnering Fullerton on this initiative is a great opportunity to spark genuine interest in the Singapore stock market among young people. We are excited because this initiative allows participants to step into the real world of investing. It’s a hands-on way to experience how Singapore’s stock market actually works, not from a textbook but from inside the ecosystem. For anyone curious about markets, this is a chance to build confidence and see why investing in the Singapore stock market can be dynamic and full of possibilities.”
Registration for the Fullerton / SGX Value-Up Singapore Equities Challenge opens today, and interested parties may sign up via https://value-up.investsg.asia/.
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About Fullerton Fund Management
Fullerton Fund Management Company Ltd (“Fullerton”) is an active investment specialist, focused on optimising investment outcomes and enhancing investor experience.
We help clients, including government entities, sovereign wealth funds, pension plans, insurance companies, private wealth and retail, from the region and beyond, to achieve their investment objectives through our suite of solutions. Our expertise encompasses equities, fixed income, multi-asset, alternatives and treasury management, across public and private markets.
As an active manager, we place strong emphasis on performance, risk management and investment insights. Incorporated in 2003, Fullerton is headquartered in Singapore, and has associated offices in Shanghai, Brunei and Jakarta. Fullerton is part of a multi-asset management group, Seviora, a holding company established by Temasek. Income Insurance, one of Singapore’s leading insurers, is a minority shareholder of Fullerton.
For more information, please visit www.fullertonfund.com
For media queries, please contact:
Rishika Tiwari / Lim En Tong / Nicholas Tong
rishika@financialpr.com.sg / entong@financialpr.com.sg / nicholas@financialpr.com.sg
Appendix – More Information on the Fullerton / SGX Value-Up Singapore Equities Challenge
Who can join
- The Challenge is open to all teritary students studying in Singapore.
- Participants must meet the following criteria:
- Participants must be aged 18 and above.
- Participants must be Singapore Citizens or Permanent Residents.
- Students from all polytechnics and universities are welcome to participate.
- Participation is required in teams of four.
Programme Timeline
| 15 December 2025 – 23 January 2026 | Registration period Register at https://value-up.investsg.asia/ Registration closes at 23:59 on 23 January 2026. |
| 26 January – 6 March 2026 | Qualifying Round Online Trading Simulation on InvestSG |
| 12 March 2026 | Email notification to finalists |
| 14 March 2026 | [For finalists selected for the Stock Pitch Challenge] In-Person Briefing |
| 27 March 2025 | [For finalists selected for the Stock Pitch Challenge] Deadline for submission of deliverables on InvestSG (Equity research report, presentation slides, financial model) |
| 2 April 2026 | [For finalists selected for the Stock Pitch Challenge] In-Person Stock Pitch Challenge Presentation Day |
| 7 April 2026 | [For three winning teams only] In-Person Awards Ceremony Awards Ceremony |
| May 2026 – December 2026 | [For offered candidates only] Fullerton Singapore Value-Up Internship Programme |
[1] Jointly developed by SGX Group and AlphaInvest
[2] Only students graduating in 2027 across the six finalist teams are eligible