"RAM Capital’s stability, work ethic and respect for privacy are anchored in our Swiss roots. We owe our openness towards the rest of the world and our respect of foreign cultures to our Geneva heritage."
Originally, RAM Capital SA was established to provide high net worth clients and institutions with access to top quality wealth management in Switzerland. Today RAM Capital Asia opens with the same vision but broader horizons, giving not only the chance to Far East investors the benefit of its unique know-how, but also the ability to the European-based clientele to have a portal in to the investment opportunities and prospects of the fast-growing Asia.
For Mete Sarper, founder of RAM Capital SA, Singapore strategic location, and sound regulatory and supervisory framework make it an ideal gateway to the region while its pro-business environment, excellent infrastructure, cost-competitiveness and highly skilled and cosmopolitan workforce make it a natural choice for RAM to base their Asian operations in Singapore.
And we certainly hope our new office in Singapore will enable our future clients in Asia to benefit from our expertise as well as our history.
RAM Capital (Asia) Pte. Ltd. was consequently incorporated in Singapore in December 2009.
Now Asian clients have the unique opportunity to have a Swiss quality asset management within their time-zone and can profit from a dedicated and customized client relationships at their doorstep.
Clients can access our large panel of services such as:
Singapore has established a strong reputation as a thriving financial centre of international repute, serving not only her domestic economy, but also the wider Asia Pacific region and the world. More than 600 financial institutions have chosen to base their operations in Singapore. In a recent report published by the City of London, Singapore was ranked third in The Global Financial Centres Index (GFCI), behind London and New York and the 5th in the Global Competitiveness Report 2008/2009 by the World Economic Forum (WEF), the most competitive in Asia. The World Bank’s “Doing Business 2009” report also ranked Singapore top for the third year in a row as the easiest place in the world to do business.
According to Merrill Lynch and Capgemini, the Asia-Pacific wealth pie expanded 30% to USD9.7 trillion last year. And the number of millionaires hit 3 million in the Asia-Pacific, equal to Europe’s number. A Boston Consulting Group report named Singapore as the market with the highest growth in millionaire households. It said Singapore has about 122’700 households with at least USD1 million of net investable assets, up about 35%.
Singapore is a thriving city-state, with a population of 4.3 million, and by far the highest per-capita income in Asia outside of Japan. It is a major economic success story, as since its independence in 1965 up to today, its economy grew at an average of 10 per cent per annum. In four decades, Singapore has moved from an essentially entrepot economy to a predominantly industrial and services-based economy. Today, most of Singapore’s wealth is generated by service industries, ranging from providing regional financial and high-technology services to other South-East nations to manufacturing high-technology products for a world market, utilizing world’s best practices.
The quite remarkable and sustained economic growth in post-independence Singapore is partially explained by its strategic location at the crossroads of the ASEAN region. As labor-intensive industries have moved from Singapore to other ASEAN countries, they have been replaced by a regional reliance on Singapore for more technologically sophisticated products and services.
Amongst other important factors behind Singapore’s success, lies a strong and stable government, a very high rate of national savings, impressive social policies, such as providing extensive health care for all Singaporeans, as well as an excellent comprehensive education system, which has produced the skilled workers needed to sustain high rates of economic growth.
Fund Management in Singapore
The fund management industry in Singapore is regulated by the Monetary Authority of Singapore (“MAS”), and no person can carry on the business of fund management unless it is the holder of a capital markets services license for fund management or unless exempt from the requirement to hold such a license. No person can act either as a financial adviser unless it is the holder of a financial adviser’s license or unless it is exempt from the requirement to hold such a license.
RAM Capital (Asia) Pte. Ltd. is an Exempt Fund Manager for the purposes of the Securities and Futures Act (Chapter 289 of Singapore)
RAM Capital (Asia) Pte. Ltd. is exempt from holding a capital markets services license for fund management pursuant to paragraph 5(1)(d) of the Second Schedule to the Securities and Futures (Licensing and Conduct of Business) Regulations on the basis that it is a person resident in Singapore who undertakes fund management activity in Singapore on behalf of not more than 30 qualified investors. RAM Capital (Asia) Pte.Ltd. has notified MAS of its commencement of business in fund management based on this above exemption.
RAM Capital (Asia) Pte. Ltd. is an Exempt Financial Adviser for the purposes of the Financial Advisers Act (Chapter 110 of Singapore)
RAM Capital (Asia) Pte. Ltd. is exempt from holding a financial adviser’s license pursuant to Regulation 27(1)(d) of the Financial Advisors Regulations on the basis that it is a person who acts as a financial adviser in giving advice in Singapore to not more than 30 accredited investors on any occasion. RAM Capital (Asia) Pte. Ltd. Has notified the MAS of its commencement of business as a financial adviser based on this above exemption.
Our offices are located at:
87 Club Street #02-01