Family offices cheer MAS' lifting of precious metals cap, but do not
expect a gold rush
opalesque
1 month ago
33 views
Singapore's family offices and fund managers welcomed MAS's removal of the 5% cap on physical precious metals held by funds qualifying for the Section 13O and 13U tax exemptions. The restriction was removed from Aug. 1, giving managers greater portfolio flexibility and potentially supporting Singapo...
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