What ICH Asset Management does

ICH Asset Management (ICHAM) is a Singapore-based multi-family office and alternative asset manager founded in 2019 as ICHAM Pte. Ltd., regulated by the Monetary Authority of Singapore under Capital Markets Services License CMS100798 and operating as an Exempt Financial Adviser. The firm serves ultra-high-net-worth individuals, family offices, and institutional investors globally - with operating presence in Singapore, China (Chongqing subsidiary Yide Fund 毅德基金 managing ¥1B), Japan, Korea, Thailand, and the Middle East. Service lines include discretionary portfolio management, VCC fund setup and administration, family office structuring, QDLP scheme operation for Chinese onshore investors, VUL/PPLI insurance wrappers, and access to private markets and IPOs.

The product platform is anchored on the Variable Capital Company structure, in which ICHAM has established 3 umbrella VCCs and over 15 funds, including Asia's first open-ended VCC fund of autocall structured products (ICHAM Defined Growth Fund, targeting 9-10% annualised returns) and a US Equity Option Premium Income Fund employing sector-rotation options strategies. Strategic capital partners include Tokai Tokyo Financial Holdings (capital subscriber), Yangzijiang Financial Holding Ltd (S$100M anchor investor, with former CEO Vincent Toe now leading ICHAM as Managing Director), and an ecosystem spanning ADDX (tokenised distribution), Goldman Sachs, China Construction Bank, VP Bank, Utmost International, and QuantEdge.

The business model combines recurring asset-based fees on AUM, advisory retainers for UHNW and family-office mandates, and professional-services fees for VCC setup, QDLP arrangement, and wealth-structuring engagements. Distribution is direct and relationship-led - products are exclusively available to accredited and institutional investors under Singapore's Securities and Futures Act - supplemented by the ADDX digital securities exchange channel and Yangzijiang Financial's institutional network. ICHAM is connected to ICH Group Ltd, the Singapore-listed (SGX) investment holding company co-founded in 2000 by Vincent Toe and Danny Toe.

Name

ICH Asset Management

Legal name

ICHAM Pte. Ltd.

Website

https://icham.sg

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

ICHAM is a Singapore-based, MAS-regulated multi-family office and asset manager serving UHNW individuals, family offices, and institutional investors through VCC fund products, discretionary portfolio management, QDLP cross-border services, and wealth-structuring advisory across six Asian and Middle Eastern markets.

Ownership category

akta.pro rank

Product category

Wealth and Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

Keywords

• Wealth management services
• Asset management
• Multi-family office
• Fund management
• Investment advisory

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Fund Management Fees: Management fees charged on assets under management across VCC funds and in-house fund products targeting accredited and institutional investors.
2. Advisory Services: Multi-family office and investment advisory services for UHNW clients, family offices, and institutional investors.
3. QDLP Services: Qualified Domestic Limited Partnership scheme enabling foreign asset managers to raise funds from Chinese investors for offshore investment.
4. VCC Fund Setup Services: Setup and administration services for Variable Capital Company structures and related fund administration.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

ICH Asset Management (ICHAM) is a Singapore-regulated multi-family office and asset manager offering discretionary portfolio management, fund management, and wealth advisory services across equities, fixed income, and multi-asset strategies. The firm structures investment products through Variable Capital Company (VCC) funds and provides cross-border wealth solutions including QDLP scheme access, family office setup, and VUL/PPLI insurance solutions for ultra-high-net-worth individuals, family offices, and institutional investors.

Product overview

ICHAM is a multi-family office and asset management firm offering a comprehensive suite of investment products and financial services. The firm operates both open-ended and closed-ended funds, including the Autocall Structured Products Fund (VCC) targeting 9-10% returns and the US Equity Option Premium Income Fund for income-focused investors. Core investment strategies span Fixed Income, Public Equity, Hedge Funds, Private Credit, Private Equity, Infrastructure, and Real Estate across public and private markets. The firm provides specialized services including Family Office Setup, VCC Funds Setup, Private Banking Products, In-house Funds management, Variable Universal Life (VUL)/Private Placement Life Insurance (PPLI), and Qualified Domestic Limited Partnership (QDLP) solutions. ICHAM's global presence includes operations in Singapore (headquarters), China, Japan, Korea, Thailand, and the Middle East.

Differentiator

Problem solved

Functional benefit

Brands

• Yide Fund (毅德基金): Chongqing subsidiary managing approximately ¥1B and providing global access for Chinese investors through ICHAM's platform

Products and services

• Autocall Structured Products Fund (ICHAM Defined Growth Fund) An open-ended Variable Capital Company (VCC) fund providing institutional and accredited investors access to a professionally managed portfolio of autocall structured products that may automatically mature early if an underlying asset reaches a specific price level on predetermined dates.
• US Equity Option Premium Income Fund An open-ended VCC fund targeting US equities with option-based strategies aimed at periodic income generation and total return, employing a sector rotation approach within a rules-based, risk-managed investment framework.
• Family Office Setup Customised global solutions in asset protection, estate and succession planning, legacy planning, and real estate for ultra-high-net-worth families.
• VCC (Variable Capital Company) Funds Setup Pioneering VCC creation services with setup of umbrella VCCs and individual funds, including both closed and open-ended fund structures.
• Private Banking Products Marketing and sales support for structured products targeting high-net-worth individuals and institutional clients.
• In-house Funds Fund creation leveraging a network of legal firms, fund administrators, and tax advisors for both closed and open-ended fund structures.
• VUL (Variable Universal Life) and PPLI (Private Placement Life Insurance) Wealth protection solutions placing investment portfolios into life insurance vehicles for liquid and illiquid asset protection.
• QDLP (Qualified Domestic Limited Partnership) Scheme enabling foreign asset managers to raise funds from Chinese investors and invest offshore, facilitating Chinese onshore capital deployment overseas.
• Yide Fund (Chongqing Subsidiary) ICHAM's Chongqing subsidiary that manages ¥1B and provides Chinese investors global access to international investment opportunities.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• QuantEdgeminorStrategic or Co-development PartnerFeatured as a partner on ICHAM's website, indicating collaboration in providing alternative investment solutions to clients.
• Goldman SachsminorStrategic or Co-development PartnerFeatured as a partner on ICHAM's website, indicating potential collaboration in investment banking or asset management services.
• China Construction BankminorStrategic or Co-development PartnerFeatured as a partner on ICHAM's website, indicating collaboration in serving Chinese investor clients.
• VP BankminorStrategic or Co-development PartnerFeatured as a partner on ICHAM's website, indicating private banking services collaboration.
• Utmost InternationalminorStrategic or Co-development PartnerFeatured as a partner on ICHAM's website, indicating insurance and wealth protection solutions partnership.
• ADDXcoreChannel Partner/ Reseller/ DistributorADDX is a digital securities exchange partner enabling ICHAM to offer tokenised investment products. ADDX is described as the No.1 global digital securities exchange based on funds raised, with USD 120 million raised. ICHAM is exploring tokenised versions of their VCC fund products.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Value Partners: Hong Kong-headquartered asset manager with significant Singapore operations offering multi-strategy funds (equity, fixed income, alternatives) to institutional and accredited investors across Asia. Comparable Asia-focused fund management platform targeting similar investor segments.

Others

• Pictet Wealth Management:

Broad incumbents

• Bank of Singapore: OCBC's private banking subsidiary and one of the largest Singapore-based wealth managers, offering discretionary portfolios, structured products, VCC fund solutions and family office services to UHNW and family office clients. Operates at much larger scale than ICHAM but in the same addressable market.
• DBS Wealth Management: Singapore's largest bank with a dominant wealth and private banking franchise serving UHNW and family office clients regionally with structured products, VCC solutions and discretionary mandates. ICHAM's leadership includes DBS alumni, reflecting overlapping client base and product range.

Regional players

• China Everbright Limited: Hong Kong-listed cross-border asset management and investment banking platform with mainland China institutional reach. Comparable as a China-outbound gateway manager with cross-border fund products and QDLP-style capabilities, though more mainland-anchored than ICHAM.
• Hyundai Investments & Securities (Asia): Korea-headquartered securities and wealth firm with Singapore operations targeting Korean UHNW clients for offshore investment access. Comparable in serving Asian UHNW clients seeking Singapore-domiciled fund and structured product access.

Direct peers

• VP Bank: Liechtenstein-based private bank with established Singapore and Asia operations serving UHNW and family office clients. Listed as an ICHAM partner, indicating direct overlap in target segment and product mix (structured products, discretionary mandates, wealth planning).
• EFG Bank: Swiss private bank with strong Singapore presence serving UHNW clients with discretionary portfolio management, structured products and wealth planning. ICHAM's senior leadership includes alumni from EFG Bank, indicating comparable operating model and target clientele.
• LGT Bank: Liechtenstein-based private banking and multi-family office group with a large Singapore presence serving UHNW clients across Asia. Directly comparable as a regulated multi-family office offering discretionary portfolios, structured products, and cross-border wealth structuring to the same Asian UHNW and family office segment.
• Indosuez Wealth Management: Credit Agricole's wealth arm with established Singapore operations serving UHNW and family office clients with multi-asset discretionary mandates, structured products and family office services. Comparable business mix and client profile to ICHAM in Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/icham

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICH Asset Management