Tiger Fund Management (TFM), an affiliate of Tiger Brokers Singapore, has officially launched after receiving a capital market services license from the Monetary Authority of Singapore to offer fund management services in the city-state.

With over S$300 million (US$220.4 million) in assets under management, TFM also announced an agreement with Tiger Brokers and Yuanta Securities to jointly offer products. They include a money market fund managed by TFM and advised by Yuanta Securities.