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Corporate
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Legal & General Investment Management (LGIM), one of the world's largest asset managers, today announced the opening of its Singapore office. The expansion of LGIM’s footprint across Asia underscores its ambitious growth strategy for the region, as the firm further expands its presence internationally. In Asia, LGIM has been growing for more than ten years, having opened offices in Hong Kong in 2012 and Tokyo in 2017.
6 Sep 2023
The Singapore office will serve to expand LGIM’s coverage for existing and prospective clients in the region. The business is led by Natasha Mora, Managing Director, Asia ex Japan, 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). Having joined on 1 August, Gerald will lead the development of LGIM’s wholesale business across Asia and is responsible for client acquisition and support across private banks, wealth managers and other intermediaries. Gerald reports into Natasha Mora.
In addition, on 1 September Heston Goh joined as Sales Director, South East Asia Institutions, adding depth to the firm’s coverage of institutional asset owners in the region. He reports into Jackson Loi, Head of Institutional Sales for Asia ex Japan.
Singapore is also home to LGIM’s newly established Asia ex-Japan investment stewardship team which will spearhead the firm’s investment engagement activities and ESG priorities across the region, led by Trista Chen. Prior to joining LGIM, Trista worked for global sustainability consultancy firm, ERM. Trista reports to Michael Marks, Head of Responsible Investment Integration.
Michelle Scrimgeour, Chief Executive Officer, LGIM: “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. 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.”
Verena Moench
Communications Manager
Asset Management
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at HY24) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 11 December 2024, Legal & General has a market capitalisation of 13.7 billion.
LGIM is one of Europe’s largest asset managers and a major global investor, with total assets under management of £1.2 trillion1 ($1.5tn, €1.3tn, CHF 1.2tn). We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors.
For more than 50 years, we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including fixed income, equities, commercial property, and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.
1Data as at 31 December 2023. Data combines assets under management by LGIM in the UK, LGIMA in the US and LGIM Asia in Hong Kong. Assets under management include securities and derivatives positions.