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Victory Securities
Victory Nest Asset Management Pte, a subsidiary of Hong Kong-based Victory Securities, has secured an asset management licence issued by the Monetary Authority of Singapore.

As a result of being given the MAS licence, Victory Global Asset Management Services can provide customised wealth inheritance and asset management solutions for middle and high net worth individuals and families through its Singapore company.

Victory Securities said that its assets under management have grown rapidly, up by more than 41 per cent over four years.