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Singapore’s carrots for fund managers set to sharpen competition with Hong Kong

Singapore’s carrots for fund managers set to sharpen competition with Hong Kong
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Singapore’s latest package of tax breaks and visa incentives for fund managers could enhance its appeal as a leading asset management hub, as competition with Hong Kong intensifies for global capital and high-value financial talent, analysts have said. While the measures would help maintain Singapore’s competitiveness, they are unlikely to create a significant or lasting advantage over Hong Kong, according to Ramkishen Rajan, an economist and Yong Pung How Professor at the Lee Kuan Yew...

Singapore’s latest package of tax breaks and visa incentives for fund managers could enhance its appeal as a leading asset management hub, as competition with Hong Kong intensifies for global capital and high-value financial talent, analysts have said. While the measures would help maintain Singapore’s competitiveness, they are unlikely to create a significant or lasting advantage over Hong Kong, according to Ramkishen Rajan, an economist and Yong Pung How Professor at the Lee Kuan Yew School of...
Singapore (LOCATION) Hong Kong (LOCATION) Ramkishen Rajan (PERSON) Yong Pung (PERSON) the Lee Kuan Yew School (LOCATION)
Originally published by South China Morning Post Read original →