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Lion Global launches active low-cost multi-asset funds

Total expense ratio at just 0.5%; funds target institutional investors with assets of less than S$5m

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"We're prepared to make very little or not at all in the initial months or years. We want this fund to be seen as the go-to fund for all seasons." - LGI chief executive Gerard Lee.

Singapore

LION Global Investors has launched an actively managed multi-asset fund series with a total expense ratio (TER) of 0.5 per cent, in an effort to help investors get more bang for their investment dollars by reducing costs.

LGI chief executive Gerard Lee said the Lion...

sentifi.com

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