Fong, Thompson To Lead MaplesFS Singapore

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.”
 


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...