267 views
Photo by www.kaboompics.com via Pexels

InCred bolsters Singapore platform with S Cube integration amidst GCC–India wealth push

This extends regulated investment reach across three financial hubs.

InCred Capital has announced the integration of S Cube Capital, a Singapore-based fund management company, into InCred Global Wealth Pte Ltd (Singapore), it said in a press release.

The integration, still subject to regulatory approvals, is expected to strengthen InCred Capital’s offshore investment capabilities across the Singapore–Gulf Cooperation Council (GCC)–India corridor, adding regulated fund vehicles to InCred Global Wealth’s Singapore platform.

S Cube Capital is a Monetary Authority of Singapore (MAS)-regulated fund management company and was founded by senior investment bankers with more than 70 years of combined experience.

It provides institutional investment services supported by global networks and local market insight.

InCred Global Wealth Pte Ltd (Singapore), also regulated by MAS, provides wealth and asset management solutions across investments, credit, and legacy planning for ultra-high-net-worth individuals, high-net-worth individuals, family offices, and institutional investors.

InCred Capital said the integration builds on its earlier acquisition of Arrow Capital DIFC, a Dubai-based financial services firm, further enhancing its ability to serve clients investing across the Singapore–GCC–India corridor.

Balaji Swaminathan and Hemant Mishr of S Cube Capital will join InCred Global Wealth as joint vice chairmen of the global asset management business.

InCred Capital operates across India, Singapore, Dubai, and London. It reports about $13.3b (US$10.5b) in wealth assets under management (AUM) and approximately $1.27b (US$1b) in asset management AUM.

(US$1 = SG$1.27)

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.