UK-based asset manager Legal & General Investment Management (LGIM) has opened its Singapore office to expand its coverage for existing and prospective clients in the region.
The firm — which is one of the largest asset managers globally with £1.16 trillion ($1.98 trillion) assets under management — opened its first Asia office in Hong Kong in 2012, followed by Tokyo in 2017.
LGIM’s business in Singapore is led by Asia ex-Japan managing director Natasha Mora, who has held senior roles across L&G Group and LGIM since she joined the firm in 2006.
LGIM has also expanded its distribution team in response to growing demand for the firm’s investment solutions. Gerald Koh has been appointed as head of wholesale Asia (ex-Japan), Heston Goh joined as sales director of Southeast Asia institutions, while Trista Chen will lead the firm’s newly-established Asia ex-Japan investment stewardship team.
“While we have been servicing institutional clients in the Asia Pacific region for over a decade, our new office in Singapore will add depth, business capability, investment expertise and brand profile in Asia, complementing our existing presence in Hong Kong and Tokyo,” says LGIM CEO Michelle Scrimgeour.
“Due to the city-state’s regional influence and connectivity worldwide, opening an office in Singapore is an important milestone in our international growth strategy. This new local office affirms our commitment to the region, allows us to pursue new business opportunities and will elevate our ESG advocacy across Asia,” she adds.
