Asset management in Singapore
All asset management companies (AMC) in Singapore are being oversee by Monetary Authority of Singapore (MAS).[1] AMC is generally an asset management / investment management company/firm that invests the pooled funds of investors in securities in line with the stated investment objectives. These can include private equity,[2] venture capital, hedge funds, external asset managers and mutual funds in Singapore.
Regulated by MAS
To conduct the regulated activity of fund management either as a Licensed FMC, a Registered FMC or a Venture Capital Fund Manager, AMC will need to register with MAS.[3]
Investment fee in Singapore
AMC in Singapore provide their investment services for a fee. They charge commission fees for each transaction you make. That means that when you buy shares, you get charged. When you sell your shares, you also get charged.[4]
For a fee, the company/firm provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors. The diversification of portfolio is done by investing in such securities which are inversely correlated to each other. Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities.
Largest companies
The following is a list of the top 5 AMCs located in Singapore (as of 2017):[5]
Firm/company | Country |
---|---|
Standard Life Aberdeen | UK |
BlackRock | United States |
The Vanguard Group | United States |
UBS | Switzerland |
State Street Global Advisors | United States |
Fidelity Investments | United States |
Notable AMCs within S.E.A
Asia
- Aberdeen Asset Management
- Affin Hwang Asset Management Berhad
- Asia Frontier Capital Ltd.
- BNY Mellon Investment Management
- Capital Dynamics
- Conning & Company
- Eastspring Investments
- IDFC Project Equity
- Investcorp
- Mirae Asset Group
- Nomura Group
- Standard Life Aberdeen
- SinoPac Financial Holdings
- Value Partners
References
- "About Us". www.mas.gov.sg.
- "Private Equity VCC Funds". singaporefinance.org. 30 October 2022.
- "Types of Capital Markets Entities in Singapore". www.mas.gov.sg.
- "Investment Brokerage Singapore Guide: Plus, Compare Commission Fees!". MoneySmart.Sg - Tips, tricks and uncommon wisdom to help you get more out of your money. 22 January 2021.
- "Top Asset Management Firms". www.relbanks.com.