Northern Trust will be providing custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company (VCC) fund
Chartered Asset Management is one of the 18 selected fund managers included in the 2019 VCC Pilot Programme, established by the Monetary Authority of Singapore and the Accounting and Corporate Regulatory Authority
The Monetary Authority of Singapore (MAS) has been working in partnership with industry firms through its Project Guardian initiative to test the viability of asset tokenisation and decentralised finance in financial services
Apex Group has been appointed by Encore Capital Management, a real estate developer, operator and institutional investment management firm, to provide fund administration, investor reporting, and tax services
First Plus Asset Management has selected BNP Paribas Securities Services to provide fund administration services for funds using Singapore’s Variable Capital Company structure
Indea Capital Partners has appointed BNP Paribas Securities Services to provide custody services to its sub-fund set-up under Singapore’s new Variable Capital Company (VCC) structure
“When you see the regulatory pressure, technology is paramount to help the ManCo concentrate on what they should do – which is helping the client provide governance,” says a speaker from the ALFI conference
CSOP Asset Management has selected HSBC to provide custody and fund administration services for its first ETF under the authorised VCC scheme in Singapore