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)