Why you should set up your fund and manage it in Singapore

26 November 2024

Asia today accounts for around 40% of global gross domestic product (“GDP”) and is estimated to contribute around 60% to global growth in 2024. The Asia-Pacific fund market has also seen consistent positive growth and robust investment inflow. Strategically located among thriving Asian economies, Singapore is a prominent financial centre in the Asia-Pacific region and offers both domestic and foreign investors competitive access to the Asian and global market. Singapore has also positioned itself as a well-developed pan-Asian asset management hub, ramping up its efforts to boost its asset management industry by introducing new fund structures and enhancing the incentives offered. In 2023, 77% of Singapore’s assets under management (“AUM”) were sourced from outside Singapore, and 89% of Singapore’s total AUM was invested outside the country with 42% of funds being invested in the Asia-Pacific region (excluding Singapore).

This article explores five key reasons why you should set up and manage your fund in Singapore.

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