how we licenced

Bermuda Monetary Authority


Global Asset Allocation Limited (GAA) is an independent fund management company based in Bermuda.

 

GAA, in accordance with Bermuda Monetary Authority (BMA) regulations and guidelines, provides investment management services to sister company, GAA Investment Funds Ltd (GAAIFL).

 

GAAIFL , in turn, is authorised by the BMA under Section 11 of the Investment Funds Act 2006.  As an 'umbrella trust company', GAAIFL prepares and issues its own underlying fund prospectuses in accordance with Bermuda law and makes its funds available to investors via an international network of independent financial advisors.



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Bermuda Commercial Bank Ltd


GAAIFL employs Bermuda Commercial Bank Limited (BCB) in Bermuda to act as the Custodian to its international funds. There are only four licenced banks in Bermuda who are authorised to provide this service in Bermuda.

 

> Click here for confirmation from the BMA's website that BCB is licenced to do so.

 

GAAIFL employs Equinoxe Alternative Investments (Bermuda) Limited and Equinoxe Alternative Investments (Singapore) Limited to act as the Fund Administrator to its international funds in accordance with BMA guidelines.

 


Labuan IBFC


GAA Direct Limited is a holding company incorporated in Labuan, Malaysia, and which falls under the supervision of the Labuan IBFC (formerly known as Labuan FSA). 

 

In the past it successfully designed a range of financial products underwritten by the offshore arm of Malaysia's largest composite insurance company, resulting in Malaysian and international investors being able to access GAA funds via a single premium insurance 'investment linked' wrapper underwritten in Labuan, Malaysia, South East Asia's premier offshore financial centre. Today it concentrates on the development of on shore green energy projects in Malaysia and is a substantial shareholder in biomass waste to green energy company, GAA Palm Power Solutions Sdn Bhd, which manufactures green energy pellets as a viable alternative energy source to that of fossil fuels such as coal.


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Monetary Authority of Singapore


Global Asset Allocation (S) Pte Ltd (Singapore Company Registration Number: 200709410C), is a company tthat was incorporated and established in compliance with the Monetary Authority of Singapore (MAS) guidelines with regards to the fund management industry in Singapore.

Pursuant to the Securities and Futures Act and Financial Advisers Act (and its respective regulations), in 2007 Global Asset Allocation (S) Pte Ltd was granted  exemption from licensing in Singapore on the basis that its business was limited to the maximum number of qualified clients as determined and permitted by the regulations.


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