The case for VCC security tokens
Absence of administrative protocols makes VCC funds particularly conducive for tokenisation, say InvestaX and partners in proof-of-concept study
Add BT as a preferred source
Singapore
SINGAPORE'S Variable Capital Company (VCC) vehicles have allowed more flexibility for investors, with family offices and alternative asset managers setting up VCCs to take advantage of a streamlined structure that can make it more efficient to set up shop here.
But the structure, formally introduced in January 2020, is by nature missing prescribed administrative protocols, which makes it hard for units of such funds to be traded.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
