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Singapore to launch new corporate structure for investment funds

The VCC aims to woo more fund managers to base their funds and run fund management activities here

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Mr Ong says the government has set up Infrastructure Asia to connect local and global participants in infrastructure development.

Singapore

A NEW corporate structure for investment funds that will put Singapore in the same league as other global fund hubs will be launched later this year, said Education Minister Ong Ye Kung on Thursday.

The structure, known as the variable capital company or VCC, is aimed at...

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