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.
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
Ravi Menon, Managing Director, MAS
Connecting Global Markets, Supporting Asia’s Growth
Fund 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.
Mr Ravi Menon, Managing Director of MAS, spoke on key uncertainties around the global economy and pivots for private market investment strategies in the uncertain environment.
At the launch of the Financial Services Industry Transformation Map 2025, Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman, MAS shared the plans, strategies and targets for the next five years for our financial centre to continue to stay relevant and competitive.
The Financial Services Industry Transformation Map 2025 lays out the growth strategies to further develop Singapore as a leading international financial centre in Asia – to connect global markets, support Asia’s development, and serve Singapore’s economy.
This information paper follows from a series of anti-money laundering and countering the financing of terrorism (AML/CFT) thematic inspections and engagements conducted by MAS of selected external asset managers. It sets out MAS’ supervisory expectations for effective AML/CFT frameworks and controls and includes good practices and illustrative examples observed.
Ms Jacqueline Loh, MAS’ Deputy Managing Director, spoke about the key trends and opportunities in Asian financial markets – focusing on opportunities from harnessing technology and in sustainable finance.