Thursday, 24 July 2014
Last updated 12 hours ago
Nov 5 2013 | 11:51am ET
The Maples group has launched a full-service MaplesFS in Singapore
Eastern Fong, regional head of fund services in Asia, will lead Maples Fund Services (Singapore), which will provide middle-office, data aggregation/reporting and fund administration services to Singapore-domiciled funds established by family offices, private wealth managers and institutional investors. In addition, the team will service Cayman Islands funds that require on-the-ground support from Singapore.
Hugh Thompson, global co-head of fiduciary, will lead Maples Fiduciary (Singapore) which will offer company formation, registered office, company secretarial, client accounting, voluntary liquidations, and directorship services for Singapore-domiciled entities.
The Singapore team will also provide director services for Cayman, Hong Kong and British Virgin Islands-domiciled entities.
Said MaplesFS CEO Scott Somerville in a statement: "We are excited about the opportunity that Singapore creates as a jurisdiction, particularly as it relates to business arising from family offices, institutional investors, hedge funds and private equity. Our presence in Singapore will significantly boost our brand as a regional offering with close ties to our existing office in Hong Kong.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…