A Singaporean roadshow

With the highly anticipated launch of the Singapore Variable Capital Company (VCC) on the horizon, The Lens was back on the road to discuss the multi-purpose tool in depth with stops in Singapore, Frankfurt and Paris.

First, The Lens hosted a roundtable discussion in Singapore where asset managers and service providers discussed Singapore as a hub for fintech start-ups and why a VCC structure makes good sense for them when looking to raise capital.

Authorities in Singapore are serious about making the VCC of interest to international asset managers, so the next stop saw The Lens in Frankfurt with the Monetary Authority of Singapore (MAS) and experts from BNP Paribas Securities Services, PwC Singapore, CSOP Asset Management and the Alternative Investment Management Association where we held a roundtable that examined the merits of the new scheme for both traditional and alternative assets.

The panellists considered the key features and advantages of the VCC and what makes Singapore a good hub for fund domiciliation. We covered the main considerations for asset owners and asset managers, whether traditional or alternative providers, and following the event the experts and The Lens made their way to a studio in Frankfurt to record a podcast on the VCC.

The trip concluded with a visit to Paris where perspectives on the VCC were shared with a fresh European audience.

Singapore’s VCC and the fact that MAS travelled to Europe with the Lens reflects how Singapore is becoming an increasingly important centre for asset and wealth management in Asia. Watch this space for more information.