Lion Global Investors’ head dealer explains why it is not yet using the new trading link. She also voices concerns over high-speed trading and says her team is becoming more selective about brokers.
The firm became the sixth Singapore fund house to be awarded an RQFII licence. Its chief executive, Gerard Lee, outlines its plans and views on investor demand.
Malaysia is the most obvious focal point for the Singaporean fund house under the Asean passport proposals, but the firm is also in early discussions with distributors in Thailand.
London getting more RQFII quota than Singapore was to be expected, says Gerard Lee, CEO of Lion Global Investors, who has various plans for any forthcoming quota.
The Singaporean asset manager is aiming to boost straight-through processing rates for its fixed-income transactions to hit 75% by the year's end, from 45% now.
The UK asset manager has hired Kon Chee-Keat in Singapore. He came from Lion Global Investors, where he has been replaced by a former Deutsche AM veteran.