Editor's note

Fund formation and FinTech: Singapore’s next battles - Roundtable

Singapore was rainforest, fringed by mangrove swamps, with about 150 people when the British acquired it as a colony in 1819. It soon thrived as a trading city because it lay sheltered from storms, right at the bottleneck where ships passed from the Pacific to the Indian Ocean.

In 1965, when it became independent, Singapore had almost 2 million people, crowded slums, negligible natural resources, and an economy dependent on shipping. But Singapore’s one-party government used this sense of crisis to build a wealthy, modern city by using strict controls. They lowered the birth rate, moved nine of ten Singaporeans into new high-rise condominiums, and developed new banking and manufacturing business while expanding shipping even more. By 2015, Singapore had about 5.6 million people and a high standard of living. Its GDP per capita is ranked 3rd in the world, only behind Qatar and Luxembourg. Singapore has the world's highest percentage of millionaires, with one out of every six households having at least one million US dollars in disposable wealth. This excludes property, businesses, and luxury goods, which if included would increase the number of millionaires, especially as property in Singapore is among the world's most expensive.

Fund formation and FinTech: Singapore’s next battles

Singapore’s economy is diversified, with financial services, manufacturing, oil-refining as top contributors. For many years, Singapore was, from a cost and regulatory perspective, the perfect Asian hub for fund startups. However today, the traditional Singapore package of First World operating and living environment at 40% of London costs with a chance to keep a much bigger part of the top-line after tax, is not really the case anymore. Today, all the countries – including Singapore – are subject to the same regulatory and economic pressure, which means that cost of doing business increase and regulatory requirements are high.

This leads to a structural change in the industry... Download the new Opalesque Singapore Roundtable here:

www.opalesque.com/RT/RoundtableSingapore2016.html

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Prestel & Partner Family Office Forums in SIN:

Prestel & Partners resume their prestigious Family Office Forums in:

  1. Singapore: 17-18 May 2022
See all dates, locations: https://prestelandpartner.com/

With a ten-year proven track record, the Forum concept is simple, yet unique: more investors than service providers present. The audience and informal networking platform (full privacy for wealth owners) assure an enjoyable setting to share expertise across all fields and make precious new connections.

*Family Offices; those who have nothing to sell attend for free. Our forum is exclusively designed for family principals, and other family members, C-suite family office executives of single and private multi-family offices, UHNWIs, and private investors, who may register for free: office@prestelandpartner.com

*Those who offer relevant products or solutions may attend with a ticket: We only allow a few commercial multi-family offices, family office advisors, and industry leader partners to join and enrich the conversations with their topical expertise. To purchase such a ticket or to register your interest as a sponsor, please contact us: ticket@prestelandpartner.com.

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Gaining the Edge - Cap Intro Florida 2022, West Palm Beach Jan 17-19 (Virtual until Feb 11)

Reasons to attend:

  1. Largest and highest quality in-person and virtual cap intro event
  2. More meetings for managers
  3. 100% flexible
  4. $698 free gifts
The organizers expect the West Palm Beach conference to be the largest and highest quality in-person and virtual cap intro event in the alternative investment industry. The Gaining the Edge 2021 virtual cap intro event in May was the largest virtual cap intro event in the history of the alternative investment industry with over 1,900 registrations.

Register here and receive the lowest Tier 1 pricing, plus the following free benefits from Opalesque: https://www.agecroftpartners.com/cap-intro-registration-managers-opalesque

1. FREE: Silver Membership Opalesque Digital Masterclass "Asset Raising in 2022"

- 5 Modules | 4 Expert Mentors
- Course Opens September 1, 2021 | $499 Value

2. FREE one year subscription to Opalesque's daily Alternative Market Briefing Newsletter: $199 Value

Gaining the Edge believes the average manager had substantially more meetings and views by investors at their 2021 virtual cap intro event than other non-prime broker cap intro events this year.

Virtual only registrations can upgrade to include in-person any time before the event. We will automatically switch to a virtual only event and refund the difference in price for managers and sponsors (complimentary for investors), if there is a CDC Level 3 warning due to a new outbreak of COVID-19.

Low overlap of managers and investors with other cap intro events: The historical overlap of investor registrations has only been approximately 25%, making the event highly complementary to other leading independent cap intro events.

Philanthropy: Large percent of profits to be donated to charities that benefit at-risk youth: To date, Gaining the Edge, LLC and Agecroft Partners have donated over $2.7 million dollars to these organizations.

Discounts are offered to emerging, woman and minority owned fund managers while also making it easy for investors to identify these managers in the scheduling portal.

Leading conference organizer since 2013: The organizers co-owned a conference called Hedgeopolis New York that sold out in 2013, 2014, and 2015. In 2016 they launched Gaining the Edge Hedge Fund Leadership Conferences which have sold out at all 6 events with over 2,000 unique alternative investment industry professionals.

Register here and receive the lowest Tier 1 pricing, plus the free benefits from Opalesque ($698 value): https://www.agecroftpartners.com/cap-intro-registration-managers-opalesque

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