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

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,

Singapore will exempt fund managers' share of investment profits from tax and create a new work pass track for senior investment professionals as competition with Hong Kong intensifies, the Monetary Authority of Singapore said on Aug. 19.

WorkCity-state announces initiatives to strengthen position as regional wealth hubSingapore's financial district is seen in 2023. The city-state is aiming to boost its asset management sector as competition intensifies with Hong Kong and other regional hubs. © ReutersDYLAN LOHAugust 19, 2026 15:29 JSTSINGAPORE -- Singa