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Rising demand for new fund vehicle among wealth clients flocking to S’pore

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Generic photos at Monetary Authority of Singapore (MAS) taken on Dec 1, 2022.
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to go with financial stories such as inflation, strengthening of Sing dollar, rise in interest rates

Variable capital companies, introduced by MAS in 2020, offer confidentiality as the accounts and shareholder list are not publicly available.

PHOTO: ST FILE

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SINGAPORE – A new form of corporate structure designed for wealth management funds has been widely adopted

since it was introduced in 2020

and is poised to drive further growth in the sector.

The variable capital company (VCC), as it is known, offers investment funds more flexibility and cost savings – hence its popularity with wealthy individuals and offices that manage the assets of multiple super-rich families.

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