Overview
Located in the heart of fast-growing Asia, Singapore has positioned itself as a developed pan-Asian asset management centre with a conducive environment for asset managers and asset owners to locate and hub their investment activities.
We have a strong pool of regional and global players offering and managing traditional and alternative investment strategies using Singapore as a gateway to source for and access regional investment opportunities. Asia Pacific accounts for the significant bulk of funds sourced and re-invested into.
Singapore is also an attractive location for global public investors and asset owners, such as sovereign wealth and pension funds, to access public and private market opportunities across Asia and ASEAN. In addition, to position Singapore as a leading fund domiciliation hub, MAS and ACRA launched the new Variable Capital Companies (VCC) framework in January 2020 to provide a new corporate structure for investment funds which seeks to facilitate the co-location of fund managers’ substantive fund management and domiciliation activities in Singapore.
Asset Management Survey - Annual survey of asset management activities in Singapore.
View the list of fund management companies
Key Facts
S$5.4 trillion
Assets under management
1,250
Registered and Licensed fund managers
Singapore is a leading asset management hub for institutional investors and fund managers to access pan-Asian opportunities.
Ravi Menon, former Managing Director, MAS
Connecting Global Markets, Supporting Asia’s Growth
Regulations and Guidance
Fund Management Licensing and RegistrationFund managers are regulated under the Securities and Futures Act as fund management companies or venture capital (VC) fund management companies.
VC managers are under a simplified regulatory regime that takes into account contractual safeguards already present in typical contracts negotiated by VC managers’ sophisticated investor client base.
Initiatives
Focus Areas
The introduction of the Variable Capital Companies (VCC) framework seeks to position Singapore as a leading fund domiciliation hub, and strengthen Singapore’s position as a full-service international fund management centre.
Jobs & Training
MAS works closely with tripartite partners to build a pipeline of finance professionals and leaders.
What's New
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Consultation Paper on Repeal of Regulatory Regime for Registered Fund Management Companies
This consultation paper seeks feedback on the proposed transitional arrangements for existing Registered Fund Management Companies (“RFMCs”) that intend to continue operating fund management businesses following the repeal of the regulatory regime for RFMCs.
- Consultation number:
- P015 - 2023
- Start date:
- 24 October 2023
- Closing date:
- 31 December 2023
- MAS response date:
- 28 March 2024
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“Investing in Change: Supporting Asia’s Development and Transition” – Opening Address by Mr Chia Der Jiun, Managing Director, Monetary Authority of Singapore, at the IMAS Investment Conference 2024 on 27 March 2024
At the IMAS Investment Conference 2024, Mr Chia Der Jiun, Managing Director, MAS, spoke on the need to support Asia's growing investment needs; raise more interest and demand for sustainable investments; and generate business value through asset and fund tokenisation.
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"Beyond the Horizon: Unlocking Value in the Future of Alternative Investments" - Opening Remarks by Ms Gillian Tan, Assistant Managing Director (Development & International) and Chief Sustainability Officer, Monetary Authority of Singapore, at the Alternative Investment Management Association Singapore Annual Forum 2024 on 20 March 2024
At the Alternative Investment Management Association Singapore Annual Forum 2024, Ms Gillian Tan, Assistant Managing Director (Development & International) and Chief Sustainability Officer, MAS, highlighted three mega forces that are shaping the future of investments - accelerating net zero transition; growing the digital assets ecosystem; and exploring the potential of Gen AI.
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Strengthening Liquidity Risk Management Practices for Fund Management Companies
This information paper sets out MAS’ supervisory expectations of effective liquidity risk management (LRM) frameworks and practices and includes key findings from our thematic liquidity inspections and review of prospectuses, which focused on collective investment schemes (CIS) offered to retail investors.
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"Private Credit - The Next Key Driver of Growth in Private Markets" - Speech by Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, Monetary Authority of Singapore, at the Private Debt Investor’s APAC Forum on 29 March 2023
At the Private Debt Investor’s APAC Forum, Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, MAS, spoke about the emerging role of private credit, the prospect for private credit in Asia, and how MAS intends to support the growth of this asset class.