There is a trend of prime brokerages and hedge fund administrators opening up shop in Singapore. They are responding to a growth in Singaporean hedge fund operations that has proliferated in recent years. Citigroup has recently established a presence there, opening an office last month. Credit Suisse and UBS expanded their presence to Singapore last year, while Barclays Capital centres its regional prime broking in the Lion City.
Some of this growth is at the expense of Hong Kong hedge fund managers gravitating to...
¬ Haymarket Media Limited. All rights reserved.
