Aegis Asset Management Establishes Overseas Subsidiary in Singapore

[Asia Economy Reporter Ji-hwan Park] Aegis Asset Management announced on the 15th that it has established a Singapore branch to actively expand its real estate investments in Asia.

Aegis Asset Management plans to use the Singapore branch as a base to actively enter key Asia-Pacific (APAC) regions and Southeast Asian markets. Going forward, it intends to acquire or establish various types of investment companies in major Asian countries to strengthen its presence in the region and enhance local investments. The strategy is to create synergy by sharing the investment capabilities and experience accumulated as the largest real estate asset management company in Korea with local management personnel.

The Singapore branch will be led by CEO Hyun-seok Oh, who has extensive overseas real estate investment experience and a broad personal network, having worked at the National Pension Service's Singapore office.

Compared to North America and Europe, Asian real estate has higher mid- to long-term growth potential, leading to a continuous increase in global investments. Aegis Asset Management, ranked third in the world in terms of Asian real estate assets under management, plans to introduce various investment products through the expansion of its local platform. Using Singapore as a foothold, it will appropriately diversify investments across mature markets such as Australia and Japan, as well as rapidly growing Southeast Asia, to launch attractive products with high investment stability.

The investment regions of the existing entrusted management (blind) funds, which have been mainly operated with a focus on domestic investments, will also be diversified into the Asian region. Aegis Asset Management officials stated, "We have laid the groundwork to grow into a global asset management company by directly discovering investment opportunities locally and building collaboration and networks with global investment institutions," adding, "Through direct management of overseas investment assets, we aim to enhance profitability and risk management capabilities to further strengthen competitiveness in the global market."

This content was produced with the assistance of AI translation services.