For subscribers
Singapore's new fund structure makes a strong start
78 funds set up since launch in January; MAS looking at tweaks to cater to robust response
Sign up now: Get ST's newsletters delivered to your inbox
ST ILLUSTRATION: MANNY FRANCISCO
Follow topic:
Despite the Covid-19 pandemic casting the financial world into a state of tumult, Singapore has made surprising progress in its latest attempt to woo fund managers to its shores.
In fact, the response to the new fund management structure - enshrined under the Variable Capital Companies (VCCs) Act that went into effect in January - has been so overwhelming that the authorities are looking at ways to tweak the framework to accommodate growing interest and more products.
