Family offices may drive SPAC growth in Singapore

As at last October, 200 single-family offices in Singapore had US$20b in AUM; but it's early days and the rules haven't been drafted: JPMorgan exec


THE rising number of family offices in Singapore may well drive issuances of special-purpose acquisition companies (SPACs) in Singapore.

This may be one differentiator for the Republic, with the Singapore Exchange (SGX) planning to consult on SPAC listings this quarter,