Overview of Fund Management Companies (FMCs)

What are the types of Fund Management companies?


  • Fund management activities are regulated under the Securities and Futures Act (SFA), a fund manager must be registered with MAS or hold a capital markets services (CMS) licence to operate. It can operate as:

    1. Registered fund management company (RFMC) or
    2. Licensed fund management company (LFMC)
    3. Venture capital fund manager (VCFM)