Introduction of the Singapore Variable Capital Compant ("VCC")
14 January 2019
The Variable Capital Company (“VCC”) is a new corporate vehicle designed specifically for use in collective investment schemes. It allows investment managers to create sub-funds within a single entity while ensuring that the assets and liabilities of each sub-fund remain ring-fenced from the others. This promises to be a useful tool for Singapore investment managers and will play an important role in Singapore in the years to come. Read about it on this alert.
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