LION Global Investors is looking to divest its 70 per cent stake in subsidiary Pacific Mutual Fund Berhad (PMF) to Bank of Singapore for RM24.9 million (S$8.16 million).

LION Global Investors, a subsidiary of Great Eastern Holdings, is looking to divest a unit to Bank of Singapore for RM24.9 million (S$8.16 million). Great Eastern is OCBC Bank's insurance arm,...

MIND THE GAP

INVESTMENT costs among Singapore's retail funds remain stubbornly high, exacting a substantial toll in terms of net returns for investors.

LION Global Investors (LGI) chief executive Gerard Lee has been awarded a lifetime achievement award by pensions and investment journal Asia Asset Management.