LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark

OCBC contributed $600m in net inflows in March.

Lion Global Investors (LGI) said the LionGlobal Singapore Trust Fund has exceeded $1.25b in assets under management (AUM) with the milestone following LGI’s appointment by the Monetary Authority of Singapore as a fund manager under the Equity Market Development Programme (EQDP) on 19 November 2025.

LGI said in a media statement that the fund has seen increased secondary market liquidity and inflows from institutional and retail investors since the appointment.

Oversea-Chinese Banking Corporration Limited (OCBC) contributed $600m in net inflows in March through its wealth management channels.

Teo Joo Wah, CEO of Lion Global Investors, said crossing the $1.25b mark reflects client and partner support and growth in the firm’s Singapore-focused offerings over the past six months.

Tan Siew Lee, head of group wealth management at OCBC, said the bank is seeing investor interest in Singapore equities increase as clients shift toward markets with policy stability, governance, and predictable income.

LGI said the fund delivered a return of 33.7% over the past year and 7.6% since inception, outperforming its benchmark by 12.7%, based on data as at 28 February.

The fund has a track record dating back to 1989 and is ranked in the first quartile across one-, three-, five-, and 10-year periods versus peers based on active returns, according to Morningstar data cited by LGI.

LGI said the fund’s performance has been supported by its allocation to small- and mid-cap (smid) stocks, which have contributed about 70% of gross alpha over the past 10 years. The fund’s smid allocation has increased to between 30% and 40% of the portfolio.

The fund is included on the Central Provident Fund Investment Scheme list, allowing eligible investors to invest using CPF savings.

The fund is managed by Erica Lau and Kenneth Ong, whose combined experience in Asian equities exceeds 40 years, according to LGI.