NaviCom International Investment, an alternative investment manager based in Hong Kong, has announced plans to open a new office in Singapore following the receipt of a capital markets services (CMS) licence from the Monetary Authority of Singapore.

The licence will enable the firm to provide fund management activities to accredited investors in the country.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The company will be able to offer its services to investors with net assets of more than S$2m ($1.4m) or with annual income of more than S$300,000 ($220,395).

NaviCom Singapore – what to expect

NaviCom International Investment chairman Alistair Mitchell said: “Launching our new office in Singapore presents us with a compelling opportunity to enhance our platform throughout the Asia-Pacific region.

“As a major financial centre, Singapore is recognised for its quality governance controls over a well-developed capital market and financial system. We view this as a highly important attribute as we continue to develop an alternative investment platform to serve a client base of global investors.”

The Singapore office, expected to begin operations by the end of this year, will be managed by NaviCom’s existing executive team.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We will continue to build upon our relationships in Singapore to provide family office and trust management services in this highly efficient jurisdiction. The benefits presented by Singapore’s stable financial system will attract the interest of families who are looking to preserve wealth under the favourable terms presented by the trust incorporation and legal processes in place,” Mitchell added.