S CUBE Capital
S CUBE Capital is a MAS-regulated Singapore fund manager offering three fixed income and multi-strategy funds to institutional and high net worth investors across the Singapore-GCC-India corridor. Founded 2018; acquired by InCred Capital in May 2026.
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingServices
What S CUBE Capital does
S CUBE Capital is a Singapore-domiciled fund management company (operating brand of SAIML Pte Ltd) regulated by the Monetary Authority of Singapore under a Capital Markets Services license, founded in 2018 by senior investment bankers. The firm offers three core fund products targeted at institutional and high net worth investors: the S CUBE Fixed Income Tactical Opportunities Fund (a close-ended India-focused long-only USD bond fund targeting ~IRR 8% p.a.), the Medium Duration Opportunities Fund (a global long-only liquid bond fund with monthly liquidity targeting ~IRR 7% p.a.), and the Global MultiStrat Fund (a globally unconstrained multi-asset strategy targeting absolute returns). The platform is built around a proprietary Altman Z score-based credit migration model used for risk management within the flagship fund, and the firm's stated positioning is cross-border wealth management across the Singapore-GCC-India corridor.
The business model is fee-based asset management: revenue is generated through management fees charged on assets under management across the three funds, with revenue stream described as subscription/recurring in nature. Distribution occurs via direct institutional sales to qualified investors in Singapore, India, and the UAE, supplemented by a channel partnership with Federal Bank for distribution of the USD fixed maturity fund to Indian banking customers. The team of 1-10 employees has prior cumulative experience of over 70 years in Asian Fixed Income and has previously managed over US$50 billion in AUM across asset classes at institutions including Standard Chartered, Westpac, Bank of America Merrill Lynch, ICICI Bank, and KPMG; the advisory board includes former SEBI and LIC Chairman G.N. Bajpai.
In May 2026, InCred Capital acquired S CUBE Capital through its subsidiary InCred Global Wealth Pte, integrating the firm into InCred's offshore wealth platform to strengthen cross-border investment capabilities across the Singapore-GCC-India corridor. Following the acquisition, S CUBE continues to operate as a brand of SAIML Pte Ltd within the broader InCred group, with no public revenue or AUM disclosures and no publicly reported funding rounds.
S CUBE Capital firmographics
Firmographics- Name
- S CUBE Capital
- Legal name
- SAIML Pte. Ltd.
- Website
- https://scubecapital.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- S CUBE Capital is a MAS-regulated Singapore fund manager offering three fixed income and multi-strategy funds to institutional and high net worth investors across the Singapore-GCC-India corridor. Founded 2018; acquired by InCred Capital in May 2026.
- Ownership category
- akta.pro rank
Where S CUBE Capital is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
S CUBE Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Management Fees: S CUBE Capital generates revenue through fund management fees charged on assets under management across its three fund products: Fixed Income Tactical Opportunities Fund, Medium Duration Opportunities Fund, and Global MultiStrat Fund.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Fixed Income Tactical Opportunities Fund - Close-ended fund targeting ~IRR US$8% p.a. |
| Other | Monthly | Medium Duration Opportunities Fund (M DOF) - Global long only liquid bond fund targeting ~IRR USD 7% p.a. |
| Other | Monthly | Global MultiStrat Fund - Globally unconstrained strategy targeting absolute returns |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels1 record
S CUBE Capital product offering
Product offeringCore offering
S CUBE Capital is a Singapore-based fund management company regulated by the Monetary Authority of Singapore (MAS) that offers three core investment vehicles: a Fixed Income Tactical Opportunities Fund (India-focused long-only bond fund), a Medium Duration Opportunities Fund (global long-only liquid bond fund), and a Global MultiStrat Fund (globally unconstrained multi-asset strategy). The firm targets institutional investors and high net worth clients with cross-border wealth management needs across the Singapore-Gulf Cooperation Council-India corridor.
Product overview
S CUBE is a fund management company (brand of SAIML Pte Ltd) domiciled in Singapore and regulated by the Monetary Authority of Singapore (MAS). The company offers a focused suite of three distinct fixed income and multi-strategy funds: (1) the S CUBE Fixed Income Tactical Opportunities Fund, a close-ended India-focused long-only bond fund targeting absolute returns; (2) the S CUBE Medium Duration Opportunities Fund (M DOF), a global long-only liquid bond fund with duration cap; and (3) the S Cube Global MultiStrat Fund, a globally unconstrained multi-asset strategy fund. Together, these funds serve cross-border wealth management needs across the Singapore-Gulf Cooperation Council-India corridor with institutional-grade investment expertise.
Differentiator
Problem solved
Functional benefit
Products and services
- S CUBE Fixed Income Tactical Opportunities Fund
Quantifiable outcome
- Over US$50 billion in AUM managed across various asset classes globally in previous roles
- +2 more outcomes
Companies that use S CUBE Capital
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
S CUBE Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
S CUBE Capital partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Federal BankcoreFederal Bank partnered with S CUBE Capital to launch a debt fund (US dollar fixed maturity fund) specifically designed for Federal Bank customers in India.
- reAlpha Asset Management Inc.minorreAlpha Asset Management Inc. and SAIML Pte. Limited agreed to form a $200 million joint venture to acquire short-term rental properties.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
S CUBE Capital competitors and assessment
Company assessmentDirect peers
- Ashmore Group: London-listed specialist asset manager focused on emerging-markets debt including Asian fixed income. Directly comparable for an emerging-market credit focused manager with absolute-return and EM local-currency mandates serving institutional investors.
- Eastspring Investments: Singapore-headquartered Asian asset manager (Prudential plc subsidiary) managing extensive Asian fixed-income and multi-asset strategies for institutional and retail clients. Directly comparable as a Singapore-based Asian-focused fund manager with cross-border distribution reach into India and the GCC.
- Lion Global Investors: Singapore-based asset manager offering Asian fixed-income, multi-asset, and absolute-return funds, regulated by MAS. Directly comparable as a Singapore-domiciled, MAS-regulated boutique-to-mid-tier manager targeting Asian income and yield strategies for institutional and HNW clients.
Regional players
- Mirae Asset Global Investments: India-headquartered global asset manager with significant Asian fixed-income and credit strategies distributed primarily across Asia. Comparable as a regionally rooted manager with overlapping Asian credit capabilities and India-corridor focus, though primary footprint is more India-centric than S Cube's SG-GCC-India triangular strategy.
Broad incumbents
- Manulife Investment Management: Global asset manager with Asian fixed-income and multi-asset strategies distributed through insurance and wealth channels in Asia. Comparable as a broad incumbent operating across the same Asian fixed-income and wealth-distribution categories.
- PIMCO: Global fixed-income giant with significant Asian credit, multi-strategy, and absolute-return funds. Comparable as a broad incumbent that competes for institutional Asian fixed-income mandates, with much greater scale and brand recognition.
- Schroders: Global asset manager with established Asian fixed-income and emerging-markets debt capabilities. Comparable as a broad incumbent offering institutional and intermediary Asian fixed-income mandates competing in the same RFP universe.
- Fidelity International: Global asset manager with significant Asian fixed-income and multi-asset offerings, present in Singapore and India. Comparable as a broad incumbent serving institutional and HNW clients across the same Singapore-GCC-India corridor.
- Nomura Asset Management: Asia-headquartered asset manager with regional fixed-income and multi-asset products distributed across Japan, Asia ex-Japan, and globally. Comparable as a broad incumbent in Asian fixed-income with longer track record and broader distribution platform.
- abrdn (formerly Aberdeen Standard Investments): Global asset manager with one of the largest dedicated Asian fixed-income and Indian debt franchises. Comparable as a broad incumbent in the same Asian fixed-income and EM debt category where S Cube competes, with broader product breadth and global distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
S CUBE Capital social profiles
Digital presenceS CUBE Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
S CUBE Capital leadership team
Management profileNumber of profiles
Profiles7 records
S CUBE Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
S CUBE Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about S CUBE Capital
What does S CUBE Capital do?
S CUBE Capital is a Singapore-based fund management company regulated by the Monetary Authority of Singapore (MAS) that offers three core investment vehicles: a Fixed Income Tactical Opportunities Fund (India-focused long-only bond fund), a Medium Duration Opportunities Fund (global long-only liquid bond fund), and a Global MultiStrat Fund (globally unconstrained multi-asset strategy). The firm targets institutional investors and high net worth clients with cross-border wealth management needs across the Singapore-Gulf Cooperation Council-India corridor.
Is S CUBE Capital a public or private company?
S CUBE Capital is a private company. It is classified as corporate owned and is currently operating.
When was S CUBE Capital founded?
S CUBE Capital was founded in 2018. It employs 1 to 10 people.
Where is S CUBE Capital based?
S CUBE Capital is headquartered in Singapore, Singapore, in the Asia region.
How does S CUBE Capital make money?
One revenue line is on record: fund Management Fees.
Who are S CUBE Capital's main competitors?
Direct peers on record are Ashmore Group, Eastspring Investments and Lion Global Investors. Mirae Asset Global Investments is listed as a regional player. Broad incumbents are Manulife Investment Management, PIMCO, Schroders, Fidelity International, Nomura Asset Management and abrdn (formerly Aberdeen Standard Investments).
Does S CUBE Capital have an API?
No public API is recorded for S CUBE Capital.