Fullerton Fund Management
Fullerton Fund Management is a Singapore-based, Temasek-backed Asian and emerging-market investment manager founded in 2003, serving institutional, private wealth, family-office, and retail clients across equities, fixed income, multi-asset, money market, and alternatives strategies.
- Company typePrivate
- Founded2003
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Fullerton Fund Management does
Fullerton Fund Management Company Ltd is a Singapore-incorporated, privately-held Asian and emerging-market investment specialist founded in 2003. The firm operates as part of Temasek Holdings' multi-asset group Seviora, with Temasek as majority owner of the holding entity FFMC Holdings Pte. Ltd. and NTUC Income as a significant minority shareholder since 2017. Headquartered in Singapore with associated offices in Shanghai, London, and Brunei, Fullerton serves government agencies, sovereign wealth funds, pension plans, insurance companies, endowments, private wealth, and family offices across Asia, and entered Singapore retail distribution in October 2025 via the MAS Equity Market Development Programme.
The firm's product set spans equities (Asia Absolute Alpha, Asia Equities, Global Focus Equities, Global Absolute Alpha, Singapore Value-Up), fixed income (USD Income, SGD Income, Asian Currency Bonds, Flexible Credit Income, Short Term Interest Rate), money market (SGD Cash, SGD Liquidity), multi-asset (Total Return Multi-Asset Income), and alternatives (Fullerton Carbon Action Fund, Fullerton Thai Private Equity Fund, Fullerton Alternatives). Funds are offered through Singapore-domiciled Fullerton Fund and Luxembourg-domiciled Fullerton Lux Funds vehicles across SGD, USD, EUR, and CHF share classes. Distribution combines direct institutional sales with exclusive retail agreements at Maybank Singapore and Standard Chartered Bank, digital-bank distribution at GXS Bank, and fintech treasury product partnerships with Airwallex.
Fullerton's investment process is branded as "Augmented Intelligence," combining systematic and discretionary analysis across public and private markets, with the firm operating MAS-regulated activities in Singapore and historically first-mover regulatory status in China through its WFOE. Revenue is generated through recurring asset management fees on AUM and performance fees on absolute-return and alternative strategies; the firm does not disclose revenue figures. Recent strategic direction emphasises Singapore equities, decarbonisation-led alternatives, and retail and digital-bank channel expansion, while the Shanghai private-fund business was materially downscaled in 2025.
Fullerton Fund Management firmographics
Firmographics- Name
- Fullerton Fund Management
- Legal name
- Fullerton Fund Management Company Ltd
- Website
- https://fullertonfund.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Fullerton Fund Management is a Singapore-based, Temasek-backed Asian and emerging-market investment manager founded in 2003, serving institutional, private wealth, family-office, and retail clients across equities, fixed income, multi-asset, money market, and alternatives strategies.
- Ownership category
- akta.pro rank
Fullerton Fund Management industry classification
Industry- Product category
- Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds) (FSAAAJAA)
Keywords
Where Fullerton Fund Management is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices4 records
Markets served
Fullerton Fund Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Management fees charged on assets under management across institutional and retail fund products including equities, fixed income, multi-asset, and alternatives strategies
- Performance Fees: Performance-based fees from absolute return strategies and other funds with hurdle rates or high-water marks
- Alternative Investment Management: Private equity and carbon action fund management including Fullerton Thai Private Equity Fund, Fullerton Carbon Action Fund, and China private fund operations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Fullerton Singapore Value-Up - Multiple share classes (A, C, D, I, R) in SGD and USD |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Fullerton Fund Management product offering
Product offeringCore offering
Fullerton Fund Management is an Asia-based investment specialist that delivers active asset management services across equities, fixed income, multi-asset, alternatives, and treasury management in both public and private markets. The firm serves institutional clients (government agencies, sovereign wealth funds, pension plans, insurance companies, endowments), private wealth and family offices, and retail investors through a comprehensive suite of Singapore-domiciled and Luxembourg-domiciled funds employing an Augmented Intelligence approach that combines systematic and discretionary investment processes.
Product overview
Fullerton Fund Management offers a comprehensive suite of investment solutions spanning multiple asset classes and geographies. The product portfolio includes equity funds (Asia Absolute Alpha, Asia Equities, Global Focus Equities, Global Absolute Alpha), fixed income funds (Flexible Credit Income, Asian Currency Bonds, Short Term Interest Rate Fund, Singapore Bond Fund, USD Income Fund, SGD Income Fund), money market funds (SGD Cash Fund, SGD Liquidity Fund), and multi-asset solutions (Total Return Multi-Asset Income, Total Return Multi-Asset Advantage). The flagship Singapore Value-Up Fund is the first retail fund under Singapore's Equity Market Development Programme. Funds are offered through the Fullerton Fund (Singapore-domiciled) and Fullerton Lux Funds (Luxembourg-domiciled) structures, with share classes available in SGD, USD, EUR, and CHF currencies. The firm also manages alternative strategies including the Fullerton Carbon Action Fund focused on decarbonization investments.
Differentiator
Problem solved
Functional benefit
Brands
- Fullerton Singapore Value-Up: A retail equity fund launched under Singapore's Equity Market Development Programme, investing exclusively in Singapore-listed securities.
- Fullerton Lux Funds
- Fullerton Carbon Action Fund
- Fullerton Thai Private Equity Fund
- Fullerton Alternatives
Companies that use Fullerton Fund Management
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Fullerton Fund Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Fullerton Fund Management partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered major, secondary and primary.
- 65 Equity PartnersmajorAppointed alongside Fullerton as fund managers for the second S$1.5 billion tranche of Singapore's Anchor Fund to attract listings and growth enterprises to Singapore's equity markets.
- AirwallexsecondaryAirwallex launched Yield investment product with Fullerton Fund Management managing the SGD strategy as part of Airwallex's multi-currency business cash management offering following MAS CMS licence approval.
- GXS BanksecondaryGXS Bank launched GXS Invest offering the Fullerton SGD Cash Fund (Class G) as a money market fund with no transaction fees and no lock-in period for Singapore digital bank customers.
- SGX GroupsecondarySGX Group partnered with Fullerton to crown champions of the Fullerton/SGX Value-Up Singapore Equities Challenge, a university competition promoting Singapore equities investing.
- Maybank SingaporeprimaryMaybank Singapore partnered with Fullerton to exclusively distribute the Fullerton Total Return Multi-Asset Income fund, a retirement solution targeting three life stages of working adulthood, near-retirement and retirement.
- Standard Chartered BankprimaryStandard Chartered Bank exclusively distributes the Fullerton SGD Heritage Funds, three Singapore-centric multi-asset solutions with varying asset allocation and income payouts targeting retirement planning.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Fullerton Fund Management competitors and assessment
Company assessmentDirect peers
- Lion Global Investors: Singapore-based asset manager offering equities, fixed income, multi-asset, and money market funds across institutional and retail channels in Asia. Closest direct comparable in domicile, product mix, and target client base, with similar Singapore-distribution and Temasek-adjacent positioning.
- UOB Asset Management: Singapore-headquartered asset manager and subsidiary of United Overseas Bank, providing a comparable suite of fixed income, equity, multi-asset, and money market funds distributed through bank channels and direct institutional sales across Asia.
- Eastspring Investments: Asia-focused asset management arm of Prudential plc, offering equity, fixed income, multi-asset, and alternatives strategies across Asian and global mandates — directly comparable Asia-centric product set and institutional / retail distribution footprint.
Broad incumbents
- Schroders Singapore: Singapore hub of global asset manager Schroders, offering Asian and global equity, fixed income, multi-asset, and alternatives strategies to institutional and retail clients. Overlaps with Fullerton across multi-asset and Asian mandates but at meaningfully greater scale.
- Aberdeen Investments: Global asset manager with a long-standing Asia and emerging-markets franchise across equities, fixed income, and multi-asset strategies — directly comparable investment capabilities but with materially larger AUM and broader geographic distribution.
- Manulife Investment Management Asia: Asia-Pacific asset management arm of Manulife offering Asian equities, fixed income, multi-asset, and alternatives. Comparable product overlap and institutional reach, though part of a much larger global insurance-asset-management group.
- Allianz Global Investors Asia: Asia-Pacific operations of Allianz Global Investors offering equities, fixed income, multi-asset, and alternatives to institutional and retail clients across the region. Overlapping capabilities with Fullerton, particularly in fixed income and multi-asset, but at substantially larger global scale.
- JPMorgan Asset Management Asia: Asia-Pacific arm of JPMorgan AM offering Asian and global equity, fixed income, multi-asset, and alternatives strategies — directly overlapping institutional and retail offerings with Fullerton, but with far greater scale, distribution, and product breadth.
- Fidelity International Asia: Asia-Pacific operations of Fidelity International providing Asian equities, fixed income, multi-asset and money market funds. Strong overlap with Fullerton's institutional and retail fund offering across Asian asset classes, but at much larger AUM and global scale.
- PIMCO Asia: Asia-Pacific arm of PIMCO focused primarily on fixed income, multi-asset, and alternatives. Comparable institutional fixed-income capability and Asia-distribution footprint as Fullerton, though anchored in a much larger global fixed-income platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Fullerton Fund Management social profiles
Digital presenceFullerton Fund Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fullerton Fund Management leadership team
Management profileNumber of profiles
Profiles8 records
Fullerton Fund Management subsidiaries and ownership
Company hierarchySubsidiaries1 record
Fullerton Fund Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fullerton Fund Management M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fullerton Fund Management
What does Fullerton Fund Management do?
Fullerton Fund Management is an Asia-based investment specialist that delivers active asset management services across equities, fixed income, multi-asset, alternatives, and treasury management in both public and private markets. The firm serves institutional clients (government agencies, sovereign wealth funds, pension plans, insurance companies, endowments), private wealth and family offices, and retail investors through a comprehensive suite of Singapore-domiciled and Luxembourg-domiciled funds employing an Augmented Intelligence approach that combines systematic and discretionary investment processes.
Is Fullerton Fund Management a public or private company?
Fullerton Fund Management is a private company. It is classified as state government owned and is currently operating.
When was Fullerton Fund Management founded?
Fullerton Fund Management was founded in 2003. It employs 51 to 100 people.
Where is Fullerton Fund Management based?
Fullerton Fund Management is headquartered in Singapore, Singapore, in the Asia region.
How does Fullerton Fund Management make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are performance Fees and alternative Investment Management.
Who are Fullerton Fund Management's main competitors?
Direct peers on record are Lion Global Investors, UOB Asset Management and Eastspring Investments. Broad incumbents are Schroders Singapore, Aberdeen Investments, Manulife Investment Management Asia, Allianz Global Investors Asia, JPMorgan Asset Management Asia, Fidelity International Asia and PIMCO Asia.
Does Fullerton Fund Management have an API?
No public API is recorded for Fullerton Fund Management.
What industry is Fullerton Fund Management in?
Fullerton Fund Management's product category is Asset Management. Its primary akta.pro industry code is FSAAAJAA, Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds). Its NAICS code is 523940 and its SIC code is 6282.