Top asset management firms in Singapore to consider investing with

For high net worth individuals looking to find a financial advisor the Singapore market is abundant with options. While finding the right advisor is largely based on finding the right ‘fit’ in terms of personality, professionalism and goal alignment, this article will highlight some of the top firms in Singapore for an individual to consider.

 

Lion Global Investors

Source: Fundsupermart

The largest Singapore based provider operating in the Singaporean market-place Lion Global Investors was founded in 2005 and has over $30 billion USD in assets under management. While the firm is smaller than some of the global giants being a local business has its appeal in terms of the specialized services it can provide its customers. Lion Global Investors is owned by the Oversea-Chinese Banking Corporation Ltd. (OCBC Bank) Singapore’s longest established local bank.

 

UOB Asset Management

Another Singapore based provider UOB Asset Management is a subsidiary of the well-known United Overseas Bank Limited that many in Singapore are very familiar with.  

UOB’s asset management division was founded in 1985 and has more than $20 billion USD in assets under management. UOB Asset Management is similar to Lion Global Investments in that it is far smaller in scale than some of the European or American providers, but can provide a more local focus and touch in delivering their services.

UOB also benefits from being recognized as a top service provider in the region, with their wealth management division being rated the best private bank in South East Asia in 2016.

 

Bordiers & Cie

Bordiers & Cie is a Swiss based business with extensive operations in Singapore. Founded in 1844 this private bank has 170 years of experience focusing purely on private banking and wealth management, with the fifth generation of the family currently leading its head office in Switzerland.  

The company has built a reputation for long term relationships with clients and managing family finances across several generations. The banks focus on Singapore is evident in that one of the three principal partners of the firm is based in Singapore, with the other two remaining in Singapore.

 

HP Wealth Management

HP wealth Management was founded by Urs Brutsch in 2009 and is a well-known name among the high net worth and ultra-high net worth individuals of Singapore. With a focus on the Singaporean market specifically they also provide extensive family level consulting, planning for family groups and ensuring succession planning.

 

DBS Bank

Another well-known name in Singapore The Development Bank of Singapore Limited (DBS Bank) has earned substantial recognition for their wealth management divisions performance. Consistently they have been rated as the safest bank in Asia by Global Finance and in 2016 achieved 5th place in terms of assets under management among banks in Asia. DBS continues to invest heavily in its wealth management services and their iWealth portal provides extensive remote access to financial information and trading for their clients.

 

Black Rock Investment Management

Blackrock is far and away the largest asset management firm in the world, with $5.1 trillion USD in assets under management and having more than a trillion USD lead over their nearest competitor Vanguard Asset Management.  

Based in the United States and founded in 1988 their operations span the globe, including a significant presence in Singapore.  Black Rock has been referred to as the world’s largest ‘shadow bank’ based on the size of their assets under management.

 

Vanguard Asset Management

The world’s second largest asset management firm in the world and the largest provider of mutual funds globally. Vanguard is another US based firm that was founded in 1975 it has established offices throughout Asia, including Singapore.

 

Aberdeen Asset Management

Based in the Scotland and founded in 1983 Aberdeen Asset Management has a significant presence in the Singapore market place.  With assets under management of around $400 billion USD the firm is one of the larger operators globally  and provides wealth management for many high net worth individuals.

 

AllianceBernstein

Based out of New York the company’s predecessors began operations in 1967.  AllianceBernstein has nearly $500 billion USD in assets under management as is another major player in the Singapore market place when it comes to private wealth management.

(By Jeffrey Glen)

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