Asset Manager in Singapore Selects Eagle for Performance Measurement

Singapore-based asset manager Lion Global Investors has selected BNY Mellon subsidiary Eagle Investment Systems’ investment performance measurement solution.

Lion chose Eagle Performance when looking for a performance measurement system that offered the ability to generate multi-currency return attribution for its different asset strategies comprising equities, fixed income and derivatives. The solution gives Lion access to portfolio return attribution on one system for all its equity, fixed income and balanced portfolios, which can reduce the costs associated with managing multiple performance measurement systems.

“We were looking for a proven performance measurement solution and an experienced global technology provider. Eagle Investment Systems met those requirements,” says Gerard Lee, CEO and CIO of Lion Global Investors. “Since deploying Eagle Performance, we are able to integrate all our portfolios onto a single performance attribution platform, thereby increasing our operational efficiency.”

Lion’s decision to use a third-party technology provider is part of a growing trend for asset managers in the region, says John Legrand, managing director, head of Asia-Pacific and EMEA at Eagle.

“The asset management industry in Asia-Pacific continues to grow rapidly and investment strategies are becoming increasingly complex and global,” says Legrand. “At the same time, the regulatory landscape is changing. As a result, firms are looking to improve their understanding of performance across the entire enterprise in order to deliver more transparent and accurate reporting to investors and regulators. It’s no surprise that Asia-Pacific is the fastest growing market for performance measurement technology in the world.”