VCC

Arkenomics Capital’s sole fund generated a compound annual growth rate of around 16.8%, on a short track record of 38 months

The fund will invest in fixed-income strategies; a second fund to be launched next year will invest in a hedge fund of funds

The corporate structure is popular with family offices

DUBAI’S position as a rising financial hub for wealthy families may translate into competition for Singapore, where scrutiny of family offices has tightened in recent months amid the Republic’s larges...

WHILE Singapore remains an attractive global financial hub, wealthy families are now considering other options besides setting up their own single family offices (SFOs) here to better suit their needs...

Both regulators and stakeholders in Singapore hold grand ambitions to build upon recent successes and capture current opportunities to entice fresh talent and capital to the city 

Absence of administrative protocols makes VCC funds particularly conducive for tokenisation, say InvestaX and partners in proof-of-concept study

Industry watchers think the benefits from relaxing the requirements binding VCCs will outweigh the risks

221 single and multi-family offices opened in the Republic last year, up from 129 in 2019 and 22 in 2018; scene dominated by those from North Asia