A Singapore-based fund manager wants to boost its business after clinching a key approval in the city-state.
Singapore-based boutique fund manager S.E.A. Asset Management has received a full capital markets license to provide fund management services in the city-state, the company said in a media statement on Thursday.
The firm has already been managing investment funds and segregated accounts for accredited investors as a registered fund management company prior for several years prior to receiving the full license this week. «The new license will help us to expand our existing institutional business in Singapore,» CEO Alexander Zeeh (pictured above) said.
The 11-year-old asset manager specializes in Asian mid-cap equities and Asian high-yield bonds. The company was originally incorporated in 2007 as Copar Finance Asset Management Singapore, but changed its name to S.E.A. Asset Management four years ago.
