Asset management in Singapore
All asset management companies (AMC) in Singapore are regulated by the Monetary Authority of Singapore (MAS).{{Cite web|url=https://www.mas.gov.sg/About-MAS.aspx|title=About Us|website=www.mas.gov.sg}} AMC is a company/firm that invests the pooled funds of investors in securities and other asset classes in line with the stated investment objectives. Their typical investments can include private equity,{{Cite web|url=https://singaporefinance.org/pe-vc-funds-in-singapore/|title=Private Equity VCC Funds|website=singaporefinance.org|date=30 October 2022 }} venture capital, hedge funds, real estate, stocks, bonds and other assets.
Regulated by MAS
To conduct the regulated activity of fund management, the AMC will need to apply for a license from MAS.{{Cite web|url=https://www.mas.gov.sg/regulation/capital-markets/types-of-capital-markets-entities-in-singapore|title=Types of Capital Markets Entities in Singapore|website=www.mas.gov.sg}}
Investment fee in Singapore
AMC in Singapore provide their investment services for a fee. Some charge commission for each transaction you make while others charge a fee based on your assets under management with them. {{Cite web|url=https://blog.moneysmart.sg/invest/investment-brokerage-singapore-guide/|title=Investment Brokerage Singapore Guide: Plus, Compare Commission Fees!|date=22 January 2021|website=MoneySmart.Sg - Tips, tricks and uncommon wisdom to help you get more out of your money}}
In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, investment portfolios.
Largest companies
The following is a list of the top 5 AMCs located in Singapore (as of 2017):{{Cite web|url=https://www.relbanks.com/rankings/largest-asset-managers|title=Top Asset Management Firms|website=www.relbanks.com}}
| class="sortable wikitable" |
| valign="top"
! style="text-align:left"|Firm/company ! style="text-align:left"|Country |
| valign="top"
| UK |
| valign="top" |
| valign="top"
| United States |
| valign="top"
| UBS |
| valign="top"
| State Street Global Advisors | United States |
| valign="top"
| United States |
Notable AMCs with operations in Singapore
=Asia=
{{div col|colwidth=}}
- Aberdeen Asset Management
- Affin Hwang Capital
- Aravest
- BNY Mellon Investment Management
- Capital Dynamics
- Eastspring Investments
- Fullerton Fund Management
- IDFC Project Equity
- Investcorp
- Lighthouse Canton
- Mirae Asset Group
- Nomura Group
- Rivulets Investments
- SC Capital
- Seviora Group
- SinoPac Financial Holdings
- Value Partners
- Vertex Holdings
{{div col end}}
See also
References
{{Reflist}}
{{Refbegin}}
- [https://vccsingapore.com/the-vcc-structure/ How to Setup a Singapore Fund Management Company 2023 (VCC)]
{{Refend}}
External links
- [http://www.investopedia.com/terms/a/asset_management_company.asp Asset Management Company (AMC) Definition] on Investopedia
{{investment-management}}
{{Authority control}}
{{Use dmy dates|date=January 2021}}
{{DEFAULTSORT:Asset Management Firms, List Of}}