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Hedge fund managers weigh Singapore exit for Hong Kong tax benefits
Hedgeweek reports the Alternative Investment Management Association says the shift is driven by more favourable tax regimes in Hong Kong and other financial centers.
Hedgeweek reports that hedge fund managers and other alternative investment firms are increasingly considering moving employees and operations from Singapore to Hong Kong.
The outlet attributes the trend to the Alternative Investment Management Association, which said some firms are looking to locate in financial centers with more favourable tax regimes.
AIMA characterizes the move as part of a broader reassessment of where alternative investment operations are based.
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