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Much-lauded Variable Capital Companies framework and grant scheme launched

Jan 16, 2020 - The Business Times Singapore

Singapore

A BATCH of 20 investment funds from a mix of new incorporations and re-domiciliations have adopted the new Variable Capital Companies (VCC) structure, as Singapore upped its fund management game and launched the VCC framework.

The VCC - hailed as a game changer for Singapore's fund management industry - is a flexible corporate entity targeted at a wide range of investment funds.

A VCC can be open-ended or closed-end, and used by both traditional and alternative fund m...