Friday, 4 September 2015
Last updated 1 hour ago
Apr 22 2010 | 12:11pm ET
Eight years after setting new rules for alternative investments in an effort to lure hedge fund and private equity managers, Singapore is giving its regulatory structure a once-over.
The Monetary Authority of Singapore will launch a public consultation on its hedge fund and private equity rules in the next two weeks, making good on a pledge last year to amend its “regulatory approach as appropriate.”
Currently, hedge fund managers in the city-state do not need a capital-markets license if they manage money for 30 or fewer “qualified” investors.
“MAS adopts an open and consultative approach with the industry, and remains committed to building Singapore as a fund management and alternative investment hub,” it said. The MSA and Singapore’s JTC Corp. are currently touting its Nepal Hill neighborhood as a Southeast Asian answer to Greenwich, Conn., and Mayfair in London.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…