Singapore $61 Billion Asset Manager Lion Global Investors Singapore-Focused Unit Trust Fund (LionGlobal Singapore Trust Fund) Reports $980 Million (S$1.25 Billion) AUM in 2026 April & Generated +33.7% in Last 12 Months, Increased in Secondary Market Liquidity & New Investments Including $471 Million (S$600 Million) in 2026 March from OCBC Wealth Management Channels after Appointment as Fund Manager (19/11/25) in Monetary Authority of Singapore (MAS) Equity Market Development Programme (EQDP), Launched in 1989 & Currently Managed by Fund Managers (Erica Lau & Kenneth Ong) with 40+ Years Asian Equities Experience
8th April 2026 | Hong Kong
Singapore asset manager Lion Global Investors ($61 billion AUM) Singapore-focused unit trust fund (LionGlobal Singapore Trust Fund) has reported $980 million (S$1.25 billion) AUM in 2026 April, and generated +33.7% in last 12 months. The fund also reported increased in secondary market liquidity & new investments including $471 million (S$600 million) in 2026 March from OCBC Wealth Management channels after Lion Global Investors appointment as fund manager (19/11/25) in Monetary Authority of Singapore (MAS) Equity Market Development Programme (EQDP). LionGlobal Singapore Trust Funds was launched in 1989, and is currently managed by fund managers (Erica Lau & Kenneth Ong) with 40+ years Asian equities experience. Announcement (8/4/26): “Lion Global Investors (LGI) is pleased to announce that the LionGlobal Singapore Trust Fund (the “Fund’) has surpassed S$1.25 billion in assets under management (AUM), representing a key milestone following the firm’s appointment by the Monetary Authority of Singapore (MAS) as a fund manager under the Equity Market Development Programme (EQDP) on 19 November 2025. This growth highlights renewed interest from both institutional and retail investors in Singapore‑listed assets as a defensive component of global portfolios, while affirming Singapore’s role as a stable home for long term and strategic capital. Since its appointment under the EQDP initiative, the Fund has experienced a surge in secondary market liquidity and a steady influx of new capital, reflecting strong market demand from institutional and retail investors. While the EQDP served as a catalyst to heighten visibility and bolster Singapore’s capital markets, the Fund’s strategic allocations in resilient sectors have driven its AUM growth to S$1.25 billion … … OCBC has played a meaningful role in supporting the Fund’s recent growth, contributing S$600m in net inflows in March through its wealth management channels. This reflects continued client confidence in Singapore equities as a core allocation, particularly in an environment where investors are prioritising stability and income resilience. OCBC’s support underscores the importance of strong distribution partnerships in deepening investor participation in Singapore’s capital markets … … Strong Performance Momentum Amid Supportive Market Conditions – The LionGlobal Singapore Trust Fund’s S$1 billion milestone was supported by growing market recognition of its investment track record and positioning. The fund delivered a return of 33.7% (7.6% since inception) in the last one year, outperforming its benchmark by 12.7%*. This performance reflects the team’s long-standing strength in the small‑ and mid‑capitalisation (“smid”) segment, which has contributed approximately 70% of gross alpha over the past ten years (as at 28 February 2026). Investor interest was also underpinned by structural themes in the Singapore equity market, including its role as a safe‑haven amid global uncertainty and improving market valuations following broad‑based measures introduced under the MAS EQDP initiative. The LionGlobal Singapore Trust Fund has one of the longest track records in the Singapore equity universe, with roots dating back to 1989. Based on data from Morningstar as at 28 February 2026, the Fund is ranked in the first quartile across one year, three-year, five-year and ten-year periods versus peers based on active returns, reflecting consistent performance across market cycles. The Fund’s long-term performance has been underpinned by disciplined stock selection, with a meaningful contribution from its exposure to the SMID segment. Historically, approximately 70% of the Fund’s outperformance has been generated from this segment, supported by a consistently maintained allocation averaging around 15% since 2014. Reflecting a renewed and deliberate focus on SMID opportunities, the Fund has materially increased its exposure, with the SMID allocation now standing at a significantly higher 30% to 40% of the portfolio. The LionGlobal Singapore Trust Fund (SGD share class) is also included on the Central Provident Fund Investment Scheme (CPFIS) List A, allowing eligible investors to access the Fund using CPF savings. Experienced Leadership and Deep Singapore SMID Expertise Underpin Consistent Performance – Central to the Fund’s consistent performance is the leadership of its duo of lead fund managers, Erica Lau and Kenneth Ong, whose combined expertise spans over 40 years in Asian equities. Over this period, they have developed deep expertise in the Singapore smid space, supported by long-standing relationships with company management teams and boards as they remain at the forefront of this segment. Their collaborative approach blends deep fundamental research with a tactical understanding of Singapore’s unique regulatory and fiscal environment. Strengthening Singapore’s Capital Market Narrative – As a homegrown asset manager, Lion Global Investors is deeply committed and has been investing in the Singapore market for over three decades, with more than S$30 billion managed across Singapore focused strategies including equity funds, balanced strategies, Singapore REITS, segregated portfolios, Singapore fixed income, liquidity funds and exchange traded funds. The firm has remained invested through multiple market cycles and continues to play an active role in the development of Singapore’s equity ecosystem, supporting the vibrancy of the Singapore Exchange (SGX). Over the past six months, Lion Global Investors has seen a strong momentum across its Singapore offerings, driven by subscriptions from a diverse investor base, made up of institutional, intermediary and individual investors and has broadened its suite of Singapore‑focused investment solutions to address evolving investor needs. These include the LionGlobal Short Duration Bond Fund (Active ETF SGD Class), the LionGlobal Singapore Physical Gold Fund and the LionGlobal Singapore Physical Gold ETF, which is Singapore’s first gold fund with allocated gold insured and securely vaulted in Singapore, underscoring the firm’s focus on providing innovative, timely and market‑relevant solutions.”
“ Singapore $61 Billion Asset Manager Lion Global Investors Singapore-Focused Unit Trust Fund (LionGlobal Singapore Trust Fund) Reports $980 Million (S$1.25 Billion) AUM in 2026 April & Generated +33.7% in Last 12 Months, Increased in Secondary Market Liquidity & New Investments Including $471 Million (S$600 Million) in 2026 March from OCBC Wealth Management Channels after Appointment as Fund Manager (19/11/25) in Monetary Authority of Singapore (MAS) Equity Market Development Programme (EQDP), Launched in 1989 & Currently Managed by Fund Managers (Erica Lau & Kenneth Ong) with 40+ Years Asian Equities Experience “
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Teo Joo Wah, CEO, Lion Global Investors: “Crossing the S$1.25 billion mark for the LionGlobal Singapore Trust Fund is a validation of our long-term vision of Singapore as a sound and stable capital market. The milestone demonstrates the trust and support from Lion Global Investors’ clients and partners as we saw a steady growth in the LionGlobal Singapore Trust Fund and other Singapore offerings in the past six months, solidifying its position as a leading Singapore-asset provider amidst a challenging macro-economic environment … … Looking ahead, our focus remains on disciplined stewardship of capital and strengthening the depth and resilience of Singapore’s capital markets through our equity, fixed income and gold offerings. Through a consistent investment approach, strong governance and close collaboration with OCBC, Great Eastern and other ecosystem partners, we are committed to contributing meaningfully to sustainable market development while delivering long‑term value for investors.”
Tan Siew Lee, Head of Group Wealth Management, OCBC: “We’re seeing investor interest in Singapore equities build steadily as clients move toward markets with policy stability, strong governance and more predictable income, especially in the current global environment.”
Erica Lau, Fund Manager for the LionGlobal Singapore Trust Fund, Lion Global Investors: “Surpassing the S$1 billion mark shortly after our EQDP appointment reflects growing investor recognition of the Singapore equity market and our team’s disciplined investment approach. Our strong performance has been underpinned by deep expertise in the smid segment and a consistent focus on fundamentals. Going forward, we remain committed to the Singapore story and providing investors with a robust and well‑diversified vehicle to participate in the stability and long‑term growth of the Singapore market.”
LionGlobal Singapore Trust Fund – The investment objective of the Trust is to achieve long-term capital appreciation by investing primarily in securities of companies incorporated in, operating principally from, or deriving significant business presence or risk exposure from Singapore. The investments of the Trust shall be diversified among the various sectors.
Lion Global Investors Limited – Lion Global Investors Limited (Co Reg No. 198601745D) is a part of Great Eastern Holdings and a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group. Established since 1986, it is a leading and one of the largest asset management companies in Southeast Asia, uniquely positioned to provide Asian equities and fixed income strategies and funds to both institutional and retail investors. As at 31 December 2025, our assets under management (AUM) stands at S$78.2 billion (US$60.8 billion).
Singapore $61 Billion Asset Manager Lion Global Investors Singapore-Focused Unit Trust Fund (LionGlobal Singapore Trust Fund) Reports $980 Million (S$1.25 Billion) AUM in 2026 April & Generated +33.7% in Last 12 Months, Increased in Secondary Market Liquidity & New Investments Including $471 Million (S$600 Million) in 2026 March from OCBC Wealth Management Channels after Appointment as Fund Manager (19/11/25) in Monetary Authority of Singapore (MAS) Equity Market Development Programme (EQDP), Launched in 1989 & Currently Managed by Fund Managers (Erica Lau & Kenneth Ong) with 40+ Years Asian Equities Experience
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