Message From Our Group Chairman
It felt like just yesterday when we first started, with a tiny office that could barely fit four people. Yes, you read that right, only four people. Those were our humble beginnings and, more importantly, our first steps toward making our dreams, goals, and vision…
IT Security: A 360-degree View
Nowadays, we are bombarded with all kinds of cyber-attacks, which have become the main agenda and area of concern for every organization. All the investment in IT Security tools is focused on strengthening the external perimeter of the organization to deal with such attacks. Little…
Diversity, Equity, and Inclusion
DIFFERENT TOGETHER Ascent is committed to building an inclusive, varied workplace welcoming people from diverse backgrounds. Our vision and mission reflect our fundamental belief that all people belong and deserve fairness, justice, and inclusivity. Our strength comes from our diversity, and we celebrate the visible…
Paintinblue Message From Our Group COO
Another blessed year for ASCENT as we celebrate our 3rd Anniversary; the leadership feels hugely proud to say that we are constantly getting closer to our bigger dreams. ASCENT is built with all our heart, putting our blood, and sweat into it with solely one…
Limited Partnership Fund (LPF) Regime- Hong Kong
The LPF regime was established by the Limited Partnership Fund Ordinance (Chapter 637 of the Laws of Hong Kong) (LPFO) which took effect on 31st August 2020. Like an Exempted Limited Partnership (ELP) in the Cayman Islands, an LPF does not have separate legal personality…
Hong Kong Budget Summary 2020- 2021
Since the establishment of the two new fund structures, namely the Open-ended Fund Company (OFC) and the Limited Partnership Fund (LPF), the investment fund regime of Hong Kong has become more comprehensive. With 11 OFCs and over 100 LPFs already set up, Hong Kong’s status…
ASCENT Fund Services Plans to enter Australia – Interview by Acuris Mergermarket Group
ASCENT Fund Services, a Singapore-headquartered independent global fund administration services provider, is actively seeking acquisitions or commercial partners to enter the Australian market, said co-founder Samuel Chen The company is using Singapore-based corporate advisory and investor relations firm Spark Plus, which has also organized non-deal…
Announcing Collaboration Ascent Fund Services and Camelot Trust
May 19 2020- ASCENT Fund Services, a global fund administrator and Camelot Trust, Trust Solution provider announces to joins hand together in providing complete Trust Solutions to asset management firms. Camelot Trust Pte Ltd was established in 2004 in Singapore with local presence in New Zealand,…
Cayman Islands Law Amendment Section 4(4) – Who is Affected?
The Cayman Islands Government has published two laws for Fund Managers , imposing registration and other requirements on different fund types.
Cayman Islands Investment Funds – What You Need to Know
The Cayman Islands is a popular jurisdiction accepted worldwide as an international financial hub. Leading financial institutions, private and public businesses from across the globe have chosen the Cayman Islands as their jurisdiction of choice for many reasons like, reputation, flexibility, time zone benefit, absence of tax, absence of exchange control restrictions, no requirement of annual shareholder’s meeting, speed of formation of fund vehicles, quality of local service providers, investment fund structure available ,compliance, political stability, etc.
