Mon, Nov 2, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Singapore confirms over 2,000 tax-incentivised Single Family Offices in parliamentary reply

Thursday, August 06, 2026

Matthias Knab, Opalesque for New Managers:

Singapore's population of Single Family Offices (SFOs) has crossed the 2,000 mark, according to a written parliamentary reply from Deputy Prime Minister and Minister for Trade and Industry Mr Gan Kim Yong, who also chairs the Monetary Authority of Singapore (MAS).

Responding to a question from Nominated Member of Parliament Dr Neo Kok Beng on the number of approved family offices and their assets under management, Mr Gan, answering in his capacity as Chairman of MAS, said that as of end December 2025, more than 2,000 SFOs receive tax incentives in Singapore. These vehicles manage the wealth of families originating from a range of countries, with the largest concentration coming from the Asia Pacific region, followed by Europe and the Americas.

Dr Neo had asked for a fuller breakdown, including AUM by country of origin for approved family offices, as well as the number of applications currently under processing together with their proposed AUM and regional breakdown. The published reply did not provide these more granular figures, instead framing the SFO population within the context of Singapore's broader asset management industry.

Asset management industry grew 10.1% in 2025

Mr Gan noted that Singapore's asset management industry as a whole expanded by 10.1% in 2025, taking total assets under management ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m