Singapore approval for Platinum funds

London based group receives approval for two hedge funds in Singapore.

Platinum Capital Management, the international financial investment group has announced that two funds - Platinum Washington and Platinum Capital Protected Income Plus, Class A - have been approved by the Monetary Authority of Singapore for investment by sophisticated investors, as defined by the MAS guidelines, in Singapore.

Platinum Washington and Class A will be distributed by major Singapore and foreign banks, a number of IFAs and at least two of the largest Singaporean stockbrokers, including Fraser Securities. Platinum expects to raise $50 million or more in Singapore.

Craig Reeves, managing director, Platinum Capital Management says, Arranging representation of Platinum and distribution of Platinum Funds in Singapore and other parts of...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Share our publication on social media
Share our publication on social media