SSIC Division 66 – Activities auxiliary to financial service and insurance activities
Companies in this division support financial and insurance services, or work closely with them, but do not lend money or underwrite risk themselves.
It covers stock and commodity exchanges, brokers and dealers, money-changers, trustees and custodians, payment processors and corporate finance advisers. It also covers insurance agents and brokers, claims adjusters and fund managers, such as hedge fund, private equity and venture capital firms.
Commonly registered businesses
- Single and multi-family offices (66306)
- Other fund managers, such as for shipping trusts and pension funds (66309)
- Corporate finance advisers, including mergers and acquisitions advice (66192)
- Asset managers for long-only share, bond and cash portfolios (66301)
- Insurance agencies, agents and insurance-linked financial planners (66221)
- Other financial support, such as mortgage brokers and investment advisers (66199)
Groups of Activities auxiliary to financial service and insurance activities56 companies
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| Code | Title | Companies |
|---|---|---|
| 661 | Activities auxiliary to financial service activities, except insurance and pension funding | 11 |
| 6611 | Securities and commodities exchange | 0 |
| 66110 | Securities and commodities exchange | 0 |
| 6612 | Security and Commodity Contracts Brokerage | 2 |
| 66121 | Stock, share and bond brokers and dealers | 1 |
| 66122 | Foreign exchange brokers and dealers | 0 |
| 66123 | Gold bullion brokers and dealers | 0 |
| 66124 | Commodity and futures brokers and dealers | 0 |
| 66125 | Carbon credit brokers/traders | 1 |
| 66126 | Money-changing services | 0 |
| 66129 | Securities and commodities brokerage n.e.c. | 0 |
| 6619 | Other Activities Auxiliary to Financial Service Activities | 9 |
| 66191 | Trustee, fiduciary and custody services | 0 |
| 66192 | Corporate finance advisory services | 2 |
| 66193 | Clearing and settlement of financial instruments | 0 |
| 66194 | Activities auxiliary to fund management activities | 0 |
| 66195 | Transaction/payment processing services | 5 |
| 66199 | Other auxiliary financial services n.e.c. | 2 |
| 662 | Activities auxiliary to insurance and pension funding | 20 |
| 6621 | Risk and Damage Evaluation | 0 |
| 66210 | Risk and damage evaluation | 0 |
| 6622 | Activities of Insurance Intermediaries | 18 |
| 66221 | Insurance agencies and agents | 9 |
| 66222 | Insurance brokers | 9 |
| 6629 | Other Activities Auxiliary to Insurance and Pension Funding | 2 |
| 66291 | Representative offices of foreign insurers | 0 |
| 66292 | Captive managers | 0 |
| 66299 | Other auxiliary insurance and pension services | 2 |
| 663 | Fund management activities | 25 |
| 6630 | Fund Management Activities | 25 |
| 66301 | Traditional/long-only asset/portfolio management | 17 |
| 66302 | Hedge fund management | 0 |
| 66303 | Property fund/REIT management | 0 |
| 66304 | Private equity firms | 0 |
| 66305 | Venture capital activities | 0 |
| 66306 | Single/multiple family offices activities | 0 |
| 66307 | Private debt funds | 0 |
| 66309 | Fund management activities n.e.c. | 8 |
Companies in Activities auxiliary to financial service and insurance activities56 companies
| Company | Status |
|---|---|
| MANULIFE INVESTMENT MANAGEMENT (SINGAPORE) PTE. LTD. 200709952G Traditional/long-only asset/portfolio management | Live Company 5 Jun 2007 |
| NOMURA ASSET MANAGEMENT SINGAPORE LIMITED 198800900W Traditional/long-only asset/portfolio management | Live Company 25 Mar 1988 |
| PINEBRIDGE INVESTMENTS SINGAPORE LIMITED 199602054E Traditional/long-only asset/portfolio management | Live Company 25 Mar 1996 |
| SCHRODER INVESTMENT MANAGEMENT (SINGAPORE) LTD. 199201080H Traditional/long-only asset/portfolio management | Live Company 29 Feb 1992 |
| STATE STREET GLOBAL ADVISORS SINGAPORE LIMITED 200002719D Traditional/long-only asset/portfolio management | Live Company 31 Mar 2000 |
| TEMPLETON ASSET MANAGEMENT LTD 199205211E Traditional/long-only asset/portfolio management | Live Company 28 Sep 1992 |
| UOB ASSET MANAGEMENT LTD 198600120Z Traditional/long-only asset/portfolio management | Live Company 17 Jan 1986 |
| WELLINGTON MANAGEMENT SINGAPORE PTE. LTD. 201415544E Traditional/long-only asset/portfolio management | Live Company 29 May 2014 |
| AMOVA ASSET MANAGEMENT ASIA LIMITED 198202562H Fund management activities n.e.c. | Live Company 16 Jun 1982 |
| APOLLO MANAGEMENT SINGAPORE PTE. LTD. 200618603H Fund management activities n.e.c. | Live Company 12 Dec 2006 |
Useful information for businesses in this division
- Insurers and insurance brokers must be licensed or registered under the Insurance Act. (MAS, Insurance Act)
- Fund managers and securities dealers usually need a capital markets services licence. (MAS)
- Payment, remittance and money-changing services come under the Payment Services Act. (MAS, Payment Services Act)