Caroline Baker interviewed by The Asset on alternative asset management trend in Southeast Asia
“We are seeing a lot more investments in Southeast Asia from China and so Singapore is really the place that they're secure in setting up and structuring,” commented Caroline. “They’re comfortable with the service providers in Singapore as well as the local government and tax treaties.”
She mentioned that Singapore’s new corporate structure, the Variable Capital Company, is helping to deliver on industry demands for a local product that is both suitable for all types of investment funds while also being internationally competitive.
In ASEAN, Vistra sees Indonesia as a key market. One of the main business hotspots in Indonesia is around ESG-related ventures. With a group of specialists working on ESG, Vistra wants to become the go-to service provider, helping companies and funds that are carrying out social impact investing.
Apart from Indonesia, investors are also exploring opportunities in the highly populated and aspirational countries such as Indonesia and Vietnam or frontier markets such as Myanmar and Cambodia.
Download the full article below or find out how we can help clients with fund administration needs here.
The contents of this article are intended for informational purposes only. The article should not be relied on as legal or other professional advice. Neither Vistra Group Holding S.A. nor any of its group companies, subsidiaries or affiliates accept responsibility for any loss occasioned by actions taken or refrained from as a result of reading or otherwise consuming this article. For details, read our Legal and Regulatory notice at: https://www.vistra.com/notices . Copyright © 2024 by Vistra Group Holdings SA. All Rights Reserved.