Singapore Funds
Promoting and developing Singapore as the world's leading full-service asset management centre and fund domiciliation hub
Establishment in Singapore
As Singapore continues to solidify its position as a premier funds centre, SFIG plays a critical role in coordinating efforts of MAS and private sector stakeholders to continue to drive sustainable development and growth of the Singapore funds industry.
About Singapore Funds
To enhance Singapore’s value proposition as an asset management and funds domiciliation hub, MAS partnered with industry stakeholders within the funds ecosystem to establish the Singapore Funds Industry Group (“SFIG”). SFIG has brought together all the key players across the entire asset management value chain, including not just fund managers but also service providers such as lawyers, tax advisors, fund administrators and directors. SFIG has focused on identifying emerging industry trends and formulating strategies to develop the asset management ecosystem.
Singapore Fund Structures
SFIG has focused on identifying emerging industry trends and formulating strategies to develop the asset management ecosystem.
Limited Partnerships
Variable Capital Companies
Private Limited Companies
Unit Trusts
Our Fund Management Ecosystem
Singapore is home to a dynamic and fast-growing fund ecosystem, strategically located in one of the fastest-growing economic areas in the world.
Key Stakeholders
Different industry associations and various stakeholders in the funds industry in Singapore have come together with MAS to form SFIG to drive cross-sectoral and cross-strategy initiatives.
SFIG Working Groups
SFIG has two permanent Working Groups – the Policy Working Group and the Promotion & Advocacy Working Group. It establishes ad hoc working groups and teams to examine relevant topics that impact the industry.
Grants and Incentives
Support for Key Business Areas
MAS provides extensive support for key business areas within the financial services and Fintech sectors to foster growth, innovation, and long-term capability building. This support includes grants for specific financial sectors, talent development initiatives, and specialized assistance for startups and SMEs.
Support for Innovation and Technology
MAS provides extensive support for innovation and technology in the financial sector, primarily through its Financial Sector Technology and Innovation (FSTI) Scheme
Key Skill Development Initiatives for Financial Services
Singapore places professional development and training at its core in building the ecosystem and community supporting the asset management industry.
