Singapore $31.8 Billion UOB Asset Management Completes Listing of 6% Dividend ASEAN ETF UOBAM Ping An FTSE ASEAN Dividend Index ETF on Singapore Exchange (SGX) on 29th January 2026, Tracks FTSE ASEAN ex REITs Target Dividend Index, Invests in 5 Key ASEAN Markets (Singapore, Indonesia, Thailand, Malaysia, Philippines) & to Pay 6% p.a. Dividends in 2026 & 2027, ETF in Partnership with FTSE Russell & Ping An Fund Management
30th January | Hong Kong
Singapore UOB Asset Management ($31.8 billion AUM) has completed the listing of 6% dividend ASEAN ETF UOBAM Ping An FTSE ASEAN Dividend Index ETF on Singapore Exchange (SGX) on 29th January 2026, tracking the FTSE ASEAN ex REITs Target Dividend Index. UOBAM Ping An FTSE ASEAN Dividend Index ETF invests in 5 key ASEAN markets (Singapore, Indonesia, Thailand, Malaysia, Philippines), and will pay 6% p.a. dividends in 2026 & 2027. The ETF is in partnership with FTSE Russell & Ping An Fund Management. Announcement (29/1/26): “SGX Stock Exchange today welcomed the listing of the UOBAM Ping An FTSE ASEAN Dividend Index ETF, offering investors diversified exposure to established regional market leaders with strong dividend profiles. The listing of this ETF reflects growing investor interest in income‑oriented strategies, where dividends can provide a degree of defensive stability alongside participation in equity market upside. Managed by UOB Asset Management, the ETF tracks the FTSE ASEAN ex REITs Target Dividend Index, featuring 57 large and mid‑capitalisation companies from five key ASEAN markets, namely Singapore, Indonesia, Thailand, Malaysia, and the Philippines. With a higher allocation to defensive sectors and low correlation with major global markets, the ETF offers a higher dividend yield relative to the broader FTSE ASEAN Index. Units are available in SGD and USD under the stock codes UPD and UPU, respectively … … The UOBAM Ping An FTSE ASEAN Dividend Index ETF complements SGX Stock Exchange’s growing lineup of Asia‑focused ETFs. With this addition, the ETF product shelf expands to 52 listings, with combined assets under management exceeding S$18 billion.” In 2026 January, UOB Asset Management launched a 6% dividend ASEAN ETF UOBAM Ping An FTSE ASEAN Dividend Index ETF with listing (29/1/26) on Singapore Exchange (SGX). The IPO subscription (Starts: 7/1/26, Close: 26/1/26) is available via 6 dealers in Singapore (Phillip Securities, UOB Kay Hian, Tiger Brokers Singapore, Moo Moo Singapore, iFAST Financial & Maybank Securities). UOB Asset Management – UOB Asset Management Ltd (UOBAM) is a wholly-owned subsidiary of United Overseas Bank Limited. Established in 1986, UOBAM has nearly 40 years of experience in managing collective investment schemes and discretionary funds in Singapore, making us among the largest unit trust managers by assets under management. As of 30 November 2025, we managed 63 unit trusts in Singapore and together with our subsidiaries, oversees S$40.8 billion in clients’ assets.
“ Singapore $31.8 Billion UOB Asset Management Completes Listing of 6% Dividend ASEAN ETF UOBAM Ping An FTSE ASEAN Dividend Index ETF on Singapore Exchange (SGX) on 29th January 2026, Tracks FTSE ASEAN ex REITs Target Dividend Index, Invests in 5 Key ASEAN Markets (Singapore, Indonesia, Thailand, Malaysia, Philippines) & to Pay 6% p.a. Dividends in 2026 & 2027, ETF in Partnership with FTSE Russell & Ping An Fund Management “
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Ng Yao Loong, Head of Equities, SGX Group: “ASEAN offers a compelling investment proposition to investors, given its strong structural growth factors and efforts to deepen the domestic and regional capital markets. This ETF provides investors with a simple and cost‑efficient way to access a diversified portfolio of ASEAN equities through a single SGX‑listed vehicle, leveraging Singapore’s role as a trusted gateway for global capital into the region. We are pleased to partner with UOB Asset Management to deepen investor access to high quality, dividend-paying companies in the ASEAN region.”
Thio Boon Kiat, Group Chief Executive Officer, UOBAM: “ASEAN remains a key driver of wealth creation in Asia, supported by favourable demographics and structural growth. At the same time, the region offers abundant dividend opportunities across a broad base of companies with strong fundamentals and healthy dividend profiles. This ETF provides investors with straightforward access to these income streams alongside ASEAN’s long term growth potential. As investors increasingly seek stability and yield in today’s uncertain market, UOBAM is well placed to meet these needs, drawing on our decades of experience and extensive on-the-ground presence across the region.”
Singapore $31.8 Billion UOB Asset Management Launches 6% Dividend ASEAN ETF UOBAM Ping An FTSE ASEAN Dividend Index ETF with Listing (29/1/26) on Singapore Exchange (SGX), Invests in 5 Key ASEAN Markets (Singapore, Indonesia, Thailand, Malaysia, Philippines) & to Pay 6% p.a. Dividends in 2026 & 2027, ETF in Partnership with FTSE Russell & Ping An Fund Management, IPO Subscription (Starts: 7/1/26, Close: 26/1/26) Available via 6 Dealers in Singapore (Phillip Securities, UOB Kay Hian, Tiger Brokers Singapore, Moo Moo Singapore, iFAST Financial & Maybank Securities)
7th January – Singapore UOB Asset Management ($31.8 billion AUM) has launched a 6% dividend ASEAN ETF UOBAM Ping An FTSE ASEAN Dividend Index ETF with listing (29/1/26) on Singapore Exchange (SGX), investing in 5 key ASEAN markets (Singapore, Indonesia, Thailand, Malaysia, Philippines) and to pay 6% p.a. dividends in 2026 & 2027. The ETF is in partnership with FTSE Russell & Ping An Fund Management. The IPO subscription (Starts: 7/1/26, Close: 26/1/26) is available via 6 dealers in Singapore (Phillip Securities, UOB Kay Hian, Tiger Brokers Singapore, Moo Moo Singapore, iFAST Financial & Maybank Securities). UOB Asset Management – UOB Asset Management Ltd (UOBAM) is a wholly-owned subsidiary of United Overseas Bank Limited. Established in 1986, UOBAM has nearly 40 years of experience in managing collective investment schemes and discretionary funds in Singapore, making us among the largest unit trust managers by assets under management. As of 30 November 2025, we managed 63 unit trusts in Singapore and together with our subsidiaries, oversees S$40.8 billion in clients’ assets.
Thio Boon Kiat, Group Chief Executive Officer, UOBAM: “UOB Asset Management is committed to delivering timely, innovative and high-quality solutions that anticipate investors’ evolving needs. Our deep presence and insights across ASEAN, built over decades of managing assets in the region, give us a unique advantage in understanding both the market and our clients. As interest rates decline, dividend strategies have become increasingly important for enhancing income and long-term returns. ASEAN is not only a source of strong dividend opportunities, but also a region of enduring growth potential, underpinned by favourable demographics, rising domestic consumption, and ongoing structural development. We believe these drivers will continue to position ASEAN as a key engine of wealth creation in Asia. With this ETF, investors can access these opportunities in a simple, cost-efficient way while benefitting from the region’s resilience and long-term growth.”
Nico Boulay, Head of APAC, FTSE Russell: “ASEAN is increasingly emerging as a standout opportunity within Asia, with investors rediscovering the region’s unique strengths. As FTSE Russell continues to grow its ASEAN index suite and become more specialised, we expect to see even greater investor interest and participation in ASEAN markets worldwide.”
Jasmine Lim, Deputy General Manager of Ping An Fund Management: “We are pleased to deepen our collaboration with the launch of this ETF under the SGX-SZSE ETF-Connect programme. Through this collaboration, we aim to offer our investors in China an effective investment tool to access ASEAN markets to achieve portfolio diversification and income growth.”
UOB Asset Management – UOB Asset Management Ltd (UOBAM) is a wholly-owned subsidiary of United Overseas Bank Limited. Established in 1986, UOBAM has nearly 40 years of experience in managing collective investment schemes and discretionary funds in Singapore, making us among the largest unit trust managers by assets under management. As of 30 November 2025, we managed 63 unit trusts in Singapore and together with our subsidiaries, oversees S$40.8 billion in clients’ assets.
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