This list of investors headquartered in Singapore provides data on their investment activities, fund raising history, portfolio companies, and recent news. But we know integrating systems, automating processes and consolidating data is costly and time consuming. VCFMs are subject to a simplified set of admission criteria – please refer to Appendix 7 of the aforementioned guidelines. Strength of internal risk management and compliance systems. Agriculture Productivity Fund SFA has enhanced the Agriculture Productivity Fund (APF) to support local farmers in their efforts to expand production capability, boost yield and raise productivity. Each Fund administrator, administrates a range of pension funds. Our 3-pronged mission comprises: Representing the views of members when raising up regulatory matters with the relevant authorities. Prescient Fund Services (PFS) is a separately incorporated business offering Global Fund Administration and platform services to its clients. Membership in SFAA includes top firms and financial institutions providing fund administration services, custodians, auditors, compliance firms, technology providers, legal firms, asset management firms, private banks, and trust companies, to name a few. Funds Partnership (Asia) Pte Ltd. Central. About. View 470 Fund+Administration jobs in Central Singapore at jobsDB, create free email alerts and never miss another career opportunity again. We have vast experience in managing and maintaining all aspects of your investment structure, including GPs, Feeder, Co-Investment, Carry, Parallel and SPV vehicles. The fund manager stops conducting all the regulated activities on the CMS licence, and the licence is cancelled by MAS, or cease to conduct business as an RFMC. MAS expects to take not more than 4 months to review and process an application if the business model is straightforward, the applicant meets the relevant admission criteria fully, and the application is complete and clear. ... Fund Administrator Telok Partners Singapore, Singapore 4 hours ago Be among the first 25 applicants. Our pioneering solution unlocks the ESG data of private markets Unearth the true value of your […] Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. Schemes which were successfully processed since the last update may not be included in this List. Seamlessly integrated Investment Administration solutions that are customised, comprehensive, cost-effective and reliable. Identify your representatives. In addition, to position Singapore as a leading fund domiciliation hub, MAS and ACRA launched the new Variable Capital Companies (VCC) framework in January 2020 to provide a new corporate structure for investment funds which seeks to facilitate the co-location of fund managers’ substantive fund management and domiciliation activities in Singapore. The enhanced APF is available for farms with valid SFA farm licence. Named "Best Administrator: Technology" in the 2020 HFM US Services Awards. Working with related professional bodies in raising the profile and role of fund administrators as Singapore develops as a Global Asset Management Hub. Such funds have to meet certain fund eligibility criteria such as being mainly invested in start-ups (see Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies … Share this. Please ensure that your company’s application is complete, correct and accompanied by the requisite supporting documents. The fund must have been constituted in Singapore. Fund Administration Services A leading innovator in alternative investment technology solutions and services, SS&C is also home to the industry’s largest fund administrator: SS&C GlobeOp. There will also be free flow of Complimentary Food & Drinks. Enhanced tier resident fund scheme (Section 13X of the Income Tax Act). Employee reviews for companies matching "fund administrator ~1~null~1~" in Singapore, Singapore. Our client is a newly established RFMC fund with strong Chinese investment holdings is seeking a Fund Accountant to join the team. Fund administrator No restrictions Singapore-based Singapore-based if the fund is a Singapore-incorporated and resident company. State Street's fund administration services can help you comply with regulatory, financial and tax reporting requirements. We give fund managers the unique opportunity to view and manage their portfolio from top to bottom. If your company is making an application, submit the relevant form for that type of fund manager online through the Corporate e-Lodgment System (CeL). Managers of venture capital funds may also apply to operate under the venture capital fund manager (VCFM) regime. Majlis Ugama Islam Singapura (Muis), also known as the Islamic Religious Council of Singapore, was established as a statutory body in 1968 when the Administration of Muslim Law Act (AMLA) came into effect. ; Who We Help. Registration No. Details can be found in, Appointing a Representative for CMS Licensees or Exempt Financial Institutions, Submit appointment forms for your representatives. The licence or registration is revoked by MAS. © 2003 - 2021 Singapore Fund Administrators Association. Job Specializations Accounting/Finance / Banking/Financial. Individuals performing key functions in a fund management company, s… 200706639E Legal Disclaimer The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre (IMC), and to advance and safeguard Singapore's strategic maritime interests. Why? The CPF Investment Scheme (CPFIS) provides members with the option to invest their CPF savings in various instruments such as insurance products, unit trusts, fixed deposits, bonds and shares. 200706639E Legal Disclaimer, MAS Advises Financial Institutions to Adopt Recommended Measures for DORSCON Orange – 09 February 2020, MAS Issues subsidiary legislation for a new corporate structure that is tailored for collective investment schemes, known as the variable capital company (VCC).– 15 January 2020, MAS Asks SFAA to put together FAQ for VCC – 19 November 2019, Fund Administrators School – Event Registration, SFAA – 9th AGM on 27th June 2016 – Event Registration, SFAA – Networking Event sponsored by KGI Ong Capital Pte Ltd on 29th September 2016. We’re here to serve you with our … All rights reserved. All committee positions are available for election being Chairman, […], Dear Members & Colleagues of SFAA, There will be a networking event sponsored by KGI Ong Capital Pte Ltd on 29th September 2016. Minimum base capital of S$500,000 or higher, Required to maintain financial resources which are in excess of its total risk requirements, Minimum of 3 full-time Singapore-based employees each with at least 5 years of relevant experience, Proposed CEO must have at least 10 years of relevant experience, Independent and dedicated compliance function in Singapore required, Minimum of 2 full-time Singapore-based employees each with at least 5 years of relevant experience, Independent and dedicated compliance function in Singapore required if AUM is at least S$1 billion, Variable fee calculated at S$5 per representative from the 101st representative onwards as at 1 January of the calendar year. Singapore Fund Administrators Association No. Carta’s team of 100+ fund admins will partner with you to ensure you’re on track to meet your strategic goals. Fund Administration Services. We have specialist teams in investment administration (fund services), middle office, fund accounting, superannuation administration, share registry and unit registry (transfer agency) services offices across Asia-Pacific in Sydney, Melbourne, Singapore, Hong Kong and New York. Kindly RSVP your interest by email to pwcevents@sg.pwc.com by Monday, 1st February 2016. About Crypto Fund Research – Learn more about how Crypto Fund Research delivers the most up-to-date coverage of crypto funds. For more information on the common approvals, notifications and other regulatory submissions relevant to fund management companies, please refer to the Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for Fund Managers. For more complex cases, or cases where information is assessed to be incomplete or inaccurate, MAS will need a longer time to review the application. Dear Members of SFAA, The 9th Annual General Meeting of Singapore Fund Administrators Association Ltd will be held on 27th June 2016 @ Singapore Cricket Club from 6-9.30pm. Details of the financial resources requirement are found in the Notice SFA 04-N13 Risk Based Capital Adequacy Requirements for Holders of Capital Markets Services Licences. The SFAA is the collective voice for its members to engage in dialogue with regulators and other industry bodies. Foreign investors targeting the financial industry in Singapore can choose to set up investment funds here. We have specialist teams in investment administration (fund services), middle office, fund accounting, superannuation administration, share registry and unit registry (transfer agency) services offices across Asia-Pacific in Sydney, Melbourne, Singapore, Hong Kong and New York. If your company wishes to conduct regulated fund management activities under the Securities and Futures Act (SFA) , it must be registered with MAS or hold a capital markets services (CMS) licence to operate either as a: Individuals performing key functions in a fund management company, such as portfolio construction and allocation, research and advisory, business development and marketing or client servicing are required to be representatives. Search new Fund Administration Jobs in Singapore find your next job and see who is recruiting and apply directly on Jobrapido.com. The details of the event are as follows: Venue: Harry at Boat Quay Address: 28 Boat Quay, Singapore 049818 Date: 29th September 2016 Time: 6.30pm to 9.30pm (Food and beverages will be […]. pension fund administrators (pfa) The Contributory Pension Scheme requires pension funds to be privately managed exclusively by licensed Pension Fund Administrators (PFA). This copy of the List of Restricted schemes is updated daily on or around 3pm(Singapore Time). Senior Account Manager (VP) - Hedge Fund Administration. The Global Investor Programme (GIP) Fund status is accorded to approved funds who has the interest to raise capital from GIP applicants. Form 1A (Application for a capital markets services (CMS) licence to provide fund management). This level of flexibility is what our clients laud us for and is something we will continuously build upon. Please refer to Appendix I for the key changes. https://www.crunchbase.com/hub/singapore-private-equity-firms As a private equity or hedge fund manager, you get value by finding and managing good investments, and nurturing your relationships with investors – not by getting lost in administration. The fund manager is required to incur at least S$200,000 in global business expenses a year and the fund’s administrator must be based in Singapore. With the ever-increasing focus on transparency, managing funds effectively is critical. Singapore Fund Tax Incentives Designated Investments Effective from 19 February 2019, the list of designated investments has been enhanced. SFAA is an acronym for Singapore Fund Administrators Association. See who Telok Partners has hired for this role. 11d ago. Facilitating discussions on key industry topics, opinions on policy matters via events, seminars and networking sessions. All of its administration has to be done in Singapore; and; The fund has to be approved by the Monetary Authority of Singapore (MAS) The tax exemptions afforded to onshore funds under the Singapore Resident Fund Scheme gives Singapore’s fund management industry a big boost. Additional requirements: Minimum fund size of S$50 million At least S$200k local business spending per year Singapore-based fund administrator if the fund is a Singapore incorporated and resident company Apply Now Save. Find out more about Singapore 200706639E), SFAA Secretariat c/o The list of pension funds is a very long list so needed to be broken down by administrator. Managers of venture capital funds may also apply to operate under the venture capital fund manager (VCFM) regime. Simply fill in the form below and we will get back to you as soon as possible. We provide end-to-end private capital and hedge fund services with the ability to service clients at a global SPV level, through to administration and investor services at the fund level. Let an experienced and efficient administrator take the pain out of compliance and reporting. Who We Are. Free, fast and easy way find a job of 78.000+ postings in Changi, Singapore Country and other big cities in Singapore. Fund administration is where our business started and is the cornerstone of our single-source solution offering. The Singapore Variable Capital Companies (VCC) at a glance The introduction of the Singapore Variable Capital Companies (“VCC”) legislation in Singapore is a potential game-changer for the fund management industry, both within the city-state and across the Asia-Pacific region. Full-time, temporary, and part-time jobs. Get notified whenever news and updates are posted on this website. SFAA means Singapore Fund Administrators Association. MAS also publishes a Licensing and Registration Report for Capital Markets Intermediaries (including fund management companies) here. There are different requirements on starting a fund-raising campaign, depending on whether the fund-raising appeals are made in the capacity of a charity, an Institution of … ASCENT Fund Services has been crowned ‘Best Fund Administrator Services and Technology Solution - APAC’ at the 8th WealthBriefingAsia Awards. ... Fund Administrator Telok Partners Singapore, Singapore 6 days ago 48 applicants. The list has been expanded to include additional qualifying investments and simplified to remove the need to track specific currency and counterparty Uphold industry standards and promote professionalism and good business conduct among members through a Code of Conduct. Below bar chart presents you the performance snapshot for different fund categories. Access regulations, updates and licensing information, Regulations, guidance and licensing for deposit-taking institutions, Regulations, guidance and licensing for capital market entities, Regulations, guidance and licensing for insurers, Regulations, guidance and licensing for payment service providers and systems, Information on MAS’ approach, strategies and efforts in these key areas, MAS’ approach to supervision and the instruments under the Acts it administers, Find out about MAS’ strategies to develop and support the financial sector, Discover what makes Singapore a leading global financial centre, Find out how MAS is co-creating a Smart Financial Centre, Latest information on MAS’ FinTech strategy, initiatives and funding schemes, Get funding on proof-of-concepts, hiring, business development and more, Sandbox relaxes regulatory requirements to enable live experiments of innovation, Various payment initiatives including SGQR, FAST and PayNow, World’s first open architecture platform for FIs to discover FinTechs and deploy solutions, The GTCN is a cross-border DLT project to digitalise trade and trade finance, Industry collaboration that explores blockchain’s usage for Central Bank Digital Currency, World’s largest festival for the FinTech community to connect, collaborate and co-create, Fast track intellectual property protection through various initiatives, A collaborative AI-driven global solutions hub to foster SME digitalisation, Find out about the opportunities and plans that MAS has to grow your business areas, Read about the support that is available for your business operations, Find out how MAS and our partners build a pipeline of financial professionals and leaders, Read about MAS’ monetary policy framework, central bank operations and related information, Get information on SSB, SGS Bonds, T-bills, MAS Bills and MAS FRN, Discover more about the Singapore’s currency, Access the various consultations, monographs, macroeconomic reviews and other publications, View data on Singapore’s financial sector, reserves statistics, exchange rates and others, Get the latest news, speeches, updates and announcements, Find out about working in MAS and the various opportunities that are available. This includes prominent opportunities to exchange views with other industry experts or engage with the relevant authorities on upcoming matters and trends. Registration is now Closed for our exclusive event Proceed to Our event page to register now! The base capital requirements are set out in the First Schedule to the SF(FMR)R . Mr. Viswanath Krishnan (Krish) is an investment banking and strategy professional with more than 25 years’ experience across projects and assignments in India, Middle East and Nigeria covering private equity, venture capital, mergers and acquisitions, project investment evaluation, business incubation and post investment monitoring. should not be resident in Singapore and; cannot be 100% owned by Singapore investors. Foreign investors targeting the financial industry in Singapore can choose to set up investment funds here. Members will be invited to educational forums and events organized by the Association where members are kept up-to-date with industry developments and can pursue continuing education in related fields. Looking for fund administration/fund accounting professionals who can support our boutique fund…See this and similar jobs on LinkedIn. Verified employers. Our entire fund administration team has worked at the forefront of venture capital, finance, and private equity in top tier institutions. Search job openings, see if they fit - company salaries, reviews, and more posted by SS&C employees. Why Ocorian in Singapore? equities, fixed income and derivatives) for your related companies, you will need to apply to add this activity. Benefits include: Members contribute to the fund administration industry through dialogues and decision-making processes. For a fee, the company/firm provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors. For information on CeL, please refer to the CeL user guide. Details can be found in Appointing a Representative for CMS Licensees or Exempt Financial Institutions. For more information on the admission criteria and applicable requirements, please refer to the Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies. Dress Code will be Smart Casual/Business Attire. We enable you to harness Singapore's position as a launchpad into both the Asian and world markets through our trustee, corporate management, fund administration and private client services. Organizations in this hub have their headquarters located in Singapore, Asia; notable events and people located in Singapore are also included. His Vanda Global Fund Ltd, started with US$24 million (S$32.5 million) from friends and family and named after Singapore's national orchid, is the world's best-performing hedge fund … Track record and fund management expertise of the applicant and its parent company or major shareholders. In promoting industry standards, SFAA will seek out educational pathways for members to certify themselves and provide continuing education for members to stay up-to-date with developments in the industry. Singapore. If you are applying to be an LFMC, select the applicable option(s) in section 1 of Form 1A. Looking for fund administration/fund accounting professionals who can support our boutique fund…See this and similar jobs on LinkedIn. With the ever-increasing focus on transparency, managing funds effectively is critical. Correspondingly, all fund managers that ceased to be registered or hold a licence will be removed from the Financial Institutions Directory. Links HR Singapore Pte Ltd a company of Links International. Fund Administration Services. All Licence Type/Status More details on the base capital and other financial requirements can be found in the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (SF(FMR)R) . An Offshore fund managed by a Singapore-based fund manager will be exempt from tax on specified income from designated investments if the fund is a qualifying fund. Your company and the dealing representatives will have to comply with relevant capital and conduct requirements applicable to this activity under the SFA . Specialist fund administration: The brain gain for private equity fund admin. SFAA’s mission is to drive industry standards and lead growth collectively as a professional body of fund administrators. Ordinary MembersAssociate MembersIndividual Members, https://www.mas.gov.sg/news/media-releases/2020/mas-advises-financial-institutions-to-adopt-recommended-measures-for-dorscon-orange, https://www.mas.gov.sg/publications/consultations/2019/consultation-paper-on-the-proposed-framework-for-variable-capital-companies-part-2, Dear Members We have been requested to draft an FAQ/guidance note for VCC for our members, this will be completed in consultation with the MAS We need you to come back with any queries on VCC by noon Nov 2019, please reply to info@sfaa.com.sg This is a great opportunity to get clarity on any issues […]. The List of pension funds in South Africa is broken down by fund administrator. With a highly-regulated financial sector, Singapore is an excellent financial center in Southeast Asia, being commended various times for the assistance it offers to foreign enterprisers. Ability to meet the minimum financial requirements prescribed under the SFA. Participants are encouraged to RSVP early as seats are limited. Upon submission of the application via CeL, you will receive a fee advice together with the acknowledgement page. Applying to conduct additional regulated activity. Form 1V (Application for a CMS licence as a Venture Capital Fund Manager). Find out how Your single-source financial solutions provider Access all the services you need through one partnership. Notice: JavaScript is required for this content. More than just a financial services provider We are proud to partner with the Eden Reforestation Projects to support a sustainable future. No change in investment strategy allowed after … The SFAA serves as a central platform for fund administrators to discuss and push forward industry issues as a collective voice. Competitive salary. Our entire fund administration team has worked at the forefront of venture capital, finance, and private equity in top tier institutions. Sharpe Ratio * 1-Year Performance 3-Year Performance (annualised) 37 Legg Mason Western Asset Global Bond Trust (Class A (SGD) Accumulating) Low to Medium Risk – Broadly Diversified CPFIS-OA & SA 0.87 0.73% 8.55% 4.06% 38 Legg Mason Western Asset Singapore Bond Fund (Class A (SGD) Accumulating) Low to Medium Risk – Narrowly Focused – Country – Singapore CPFIS-OA & SA 0.94 … https://www.theapexgroup.com/fund-solution/fund-administration paragraph 5(2)(bb) of the Second Schedule to the Securities and Futures (Licensing and Conduct of Business) Regulations, Supervisory Approach and Regulatory Instruments, Lists of Designated Individuals and Entities, Grants for Smaller Financial Institutions, Recent Economic Developments in Singapore, Singapore Overnight Rate Average (SORA) Interest Rate Benchmark, Singapore Government Securities (SGS) Bonds, Investing in Singapore Government Securities (SGS) Bonds, Investing in Singapore Savings Bonds (SSB), Brunei-Singapore Currency Interchangeability Agreement, Reproduction of Singapore Currency Images, Money and Banking Monthly Statistical Bulletin, Financial Sector Development Fund Annual Report, Monetary Authority: Assets and Liabilities, International Reserves/Foreign Currency Liquidity, Interest Rates of Banks and Finance Companies, View a list of Application Programming Interfaces (APIs), Opportunities for Mid-Career Professionals, Fund Management Licensing and Registration, Registered fund management company (RFMC) or. Mainstream Group Holdings Limited is a specialist third party administrator for the financial services industry. Refer to the page. If you hire or appoint individuals to conduct a regulated activity under your licence, you have to appoint these individuals as your representatives for that regulated activity. Search and apply for the latest Fund administration jobs in Changi, Singapore Country. Use the search function to search for the pension fund by name, or the fund administrator by name. Please use the following to spread the word: About | Contact Us Link to Us iOS app | Android Popular Abbreviations Have you found the page useful? Percentage shown for each fund category represents the 1-year average performance of funds distributed by HSBC under respective fund category. 8 Prudential Assurance Co Singapore Pte Ltd PRU ASSURE 9 Tokio Marine Life Insurance Singapore Ltd TMLS Investment Administrators 1 iFAST Financial Pte Ltd IFAST 2 Navigator Investment Services Ltd NAVIGATOR 3 Phillip Securities Pte Ltd PHILLIP 4 UOB Kay Hian Private Limited UOBKAYHIAN Fund Management Companies (FMCs) This list of private equity firms headquartered in Singapore provides data on their investment activities, fund raising history, portfolio companies, and recent news. EDB introduced an independent fund rating exercise as a key element of the GIP Funds’ application and selection process since 2012. Apply Now Save. Job Type Contract. A separate form is not required. We’re here to serve you … See who Telok Partners has hired for this role. Fund Administration. All rights reserved.Registration No. In addition to the annual corporate fee for the licence or registration status, there will also be annual fees for representatives appointed by an LFMC. Business model/ plans and projections and the associated risks. Approval requirement No approval needed from MAS. You will also have to appoint individuals who conduct the additional dealing activity as your representatives. When assessing an application to be an RFMC, LFMC or VCFM, MAS takes into account factors such as: In addition, your company would need to operate from a dedicated and secure office space that is accessible only by your company’s directors and staff. Sharpe Ratio * 1-Year Performance 3-Year Performance (annualised) 37 Legg Mason Western Asset Global Bond Trust (Class A (SGD) Accumulating) Low to Medium Risk – Broadly Diversified CPFIS-OA & SA 0.87 0.73% 8.55% 4.06% 38 Legg Mason Western Asset Singapore Bond Fund (Class A (SGD) Accumulating) Low to Medium Risk – Narrowly Focused – Country – Singapore CPFIS-OA & SA 0.94 … If your company wishes to conduct regulated fund management activities under the Securities and Futures Act (SFA) , it must be registered with MAS or hold a capital markets services (CMS) licence to operate either as a: 1. Licensed fund management company (LFMC). Founded in 2007, the Singapore Fund Administrators Association (SFAA) was established with the mission of driving the growth and standard of fund administration in support of Singapore’s development as a global asset management hub. 10 Anson Road #26-08 International Plaza Singapore 079903, © 2003 - 2021 Singapore Fund Administrators Association. Fitness and propriety of the applicant, its shareholders and directors. There is a non-refundable application fee of S$1,000. An asset management company (AMC) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. The following is a list of the top 5 AMCs located in Singapore (as of 2017): In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities. Licensed fund management company (LFMC). 21d ago. Venture Capital Fund Manager (VCFM) – Manages venture capital funds only. Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies, Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for Fund Managers, Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (SF(FMR)R), Notice SFA 04-N13 Risk Based Capital Adequacy Requirements for Holders of Capital Markets Services Licences, Minimum of 2 full-time Singapore-based employees, In addition to the annual corporate fee for the licence or registration status, there will also be annual fees for representatives appointed by an LFMC. Roles & Functions. Specialist fund administrators have been taking staff from larger rivals as they professionalise their services for private capital funds. But we know integrating systems, automating processes and consolidating data is costly and time consuming. With a highly-regulated financial sector, Singapore is an excellent financial center in Southeast Asia, being commended various times for the assistance it offers to foreign enterprisers.