Hedge funds can now list on Singapore Exchange

The Singapore Exchange (SGX) started accepting the listing of hedge funds on its markets as from June 29. The listing rules will be less onerous than for traditional funds, as they are only to be offered to "highly specialised investment pools" comprising institutional and accredited investors, said SGX.

Regulated under the current investment fund framework, hedge funds will have to make some "necessary adaptations", said SGX. Among other things, hedge funds must have a minimum asset size of

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