Glossary · structure
External Asset Manager
Also known as: EAM
- Definition
- An External Asset Manager (EAM) is a MAS-licensed independent investment manager that advises on and manages client assets held at one or more private-bank custodians.
The EAM model separates custody (held at a private bank such as Bank of Singapore, UBS, Pictet, EFG) from investment advice and execution (provided by the EAM). EAMs typically hold a Capital Markets Services Licence as a Fund Management Company and serve HNW clients who want institutional-quality advice without dependency on a single private-bank product platform. Singapore has 50+ active EAMs.
Source: MAS — Capital Markets Services Licensees
Related
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