OCBC’s Lion Global Investors (LGI) and Nomura Asset Management (NAM) Singapore have agreed to a two-year collaboration focused on Asian markets, with a special emphasis on Japanese investment opportunities. This partnership represents LGI’s first joint venture with a Japanese asset management firm. The collaboration aims to exchange knowledge and innovate investment products tailored for Singapore and Japan. LGI’s CEO, Teo Joo Wah, highlights Japan’s economic rebound as a significant factor for this alliance. Teo notes the combined strengths of NAM Singapore’s expertise in Japan and LGI’s prominence in Southeast Asia will enable them to effectively introduce Singaporean investors to the Japanese market. LGI, established in 1986 as OCBC’s asset management division, manages assets worth USD48.8bn as of September 30, 2023.
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