Might Singaporean single-family offices soon get access to VCCs?
In our previous blog, we reflected on Singapore’s success following its launch of the Variable Capital Companies (VCC) framework and how Singapore’s latest fund innovation has been warmly received with almost 250 VCCs incorporated by March 2021. Supported by a strong pipeline of newly licensed asset managers seeking investment opportunities, the possibility that the Monetary Authority of Singapore (MAS) will widen the scope of permissible fund managers could play a key role in continuing to attract more single-family offices (SFOs) to Singapore.