What is VCC? A Variable Capital Company (VCC) is a corporate structure in Singapore that is specifically designed for investment funds. It was introduced in January 2020 and is regulated by the Monetary Authority of Singapore (MAS). The VCC structure allows fund managers to set up investment funds as a single entity with multiple sub-funds, …
What is a family fund? A family fund is an investment vehicle established by a family to hold and manage the investments of family members who have committed to the structure. It may hold bankable assets, such as stocks and bonds, as well as non-portfolio assets like real estate or private equity investments. Often, family …
There are two main types of family offices: single-family offices (SFOs) and multi-family offices (MFOs). The primary difference between the two is the number of families they serve. A single-family office (SFO) is a dedicated organization that serves the needs of a single ultra-high-net-worth family. The SFO is fully customized to meet the specific needs …
A family office is a private organization that serves the financial and personal needs of high-net-worth families. It is a customized solution that provides a wide range of services tailored to the specific needs of each family. While the concept of a family office may seem straightforward, the specific services and responsibilities vary widely from …
US nominal GDP has recovered 35% from the Covid lows in 2020, which is the fastest recovery since the end of World War II and the Marshall Plan in 1949. This increase in nominal GDP is a result of the fiscal and monetary stimulus that has been injected into the US economy since 2020, totaling …