Pensions & Investments
In a recent article, “Singapore leads Hong Kong in race to be domicile center”, published on the Pensions & Investments website, Jason Nelms, Morrison & Foerster Singapore Funds Partner discusses how Singapore has positioned itself as a favoured fund domicile, on the back of its variable capital company (VCC) scheme launch.
“The biggest driver of the domicile decision is what a fund manager’s investors want and as market leaders such as the Caymans face greater scrutiny, a growing number of investors in the U.S., Europe and the fast-growing Asia-Pacific region will be comfortable investing into funds set up in Singapore, predicted Jason R. Nelms, a Singapore-based partner focused on fund formation with law firm Morrison & Foerster LLP.”
He also commented that fund manager interest in Hong Kong should increase following the OFC structure review and the launch of a new limited partnership scheme.
Read the full article (subscription required).