Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the arrangement between OCBC Securities and Lion Global Investors?

April 26, 2017Arrangement global investors lion OCBC securities

0

Posted

What is the arrangement between OCBC Securities and Lion Global Investors?

1 Answer

0

Posted

OCBC Securities is the Manager with respect to your funds deposited to a MA opened and maintained with the Manager. OCBC Securities has appointed Lion Global Investors to act as investment managers for MA. From 3 February 2009, Lion Global Investors will be in charge of the investment strategy and decisions for MA. OCBC Securities will continue to focus on customer service and the overall administrative, operational and execution functions for MA[2]. This strategic move is part of the rationalization of MA to allow OCBC Securities to focus on servicing customers while having an established fund management company to take care of investments. By appointing Lion Global Investors as the investment manager, MA will be able to offer to our investors at retail level, a privileged and differentiated discretionary portfolio management by one of the largest asset management companies in Singapore.