CGS International Securities has announced a strategic expansion of its regional asset management capabilities, introducing initiatives aimed at revitalising ASEAN capital markets. The firm is facilitating secondary listings of Chinese companies in Singapore and dual listings, such as Singapore-listed UMS Holdings on Bursa Malaysia, to broaden investor access.
The company’s Asset Management team in Singapore has launched the CGSI Ascend Access Strategy, a discretionary portfolio mandate designed to offer investors access to initial public offerings (IPOs) and secondary markets, traditionally reserved for institutional investors. This strategy targets a minimum 50% allocation to Singapore, allowing investors to engage with ASEAN’s growth and Hong Kong’s IPO market resurgence.
James Ong, Group Head of Asset Management, highlighted the firm’s commitment to expanding regional investment capabilities. “CGS International is expanding our regional investment capabilities to give our clients access to rising opportunities in both public and private spaces in Asia,” he stated. The team, comprising seasoned professionals like Ong, Phua Zhenghao, and Grace Yan, leverages CGS International’s award-winning research and regional presence to provide comprehensive market insights.
The introduction of the CGSI Ascend Access Strategy marks a significant step in CGS International’s efforts to enhance market access and governance, with equities market veteran Chew Sutat appointed as Chair of the Investment Committee. This initiative is part of the firm’s broader strategy to deliver high-conviction deal participation and dynamic capital preservation for investors.
