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Abstract:Tiger Fund Management (TFM), a subsidiary of Tiger Brokers (Singapore) retail trading company, has officially started its operations in Singapore after receiving its Capital Market Services, Fund Management license from the Monetary Authority of Singapore (MAS)
Tiger Fund Management (TFM), a subsidiary of Tiger Brokers (Singapore) retail trading company, has officially started its operations in Singapore after receiving its Capital Market Services, Fund Management license from the Monetary Authority of Singapore (MAS) in May 2023.
The company, which already oversees assets worth over SGD 300 million ($220 million), wants to provide individual and institutional clients with various wealth management and asset management services.
The introduction of TFM is considered as an important step for Tiger Brokers. Tiger Brokers (Singapore) CFO Henry Toh, stated that As a part of our long-standing commitment to offering more efficient, innovative and holistic financial services, TFM aspires to deliver exceptional value serving the needs of our clients and capturing growth opportunities in these strategically important business areas, Toh added.
Jeremy Tan, recently appointed as the CEO of Tiger Fund Management intends to continue cooperative investing and fundraising operations, including the planned money market fund and other funds related to their Asian client base.
About Tiger brokers
Tiger Brokers is a multi-asset online brokerage, providing opportunities across a range of securities in global securities markets and currencies. This includes stock/equities in the US, Hong Kong, Singapore and Australia, such as Gamestop(GME), as well as futures, options, funds and more. Tiger Brokers was founded in 2014 and is now an established brokerage with licensed entities across the globe. The firm has office presence in Singapore, Auckland (NZ), New York and more, with nearly 1000 employees.
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