Fullerton and Da Cheng Sign Landmark Deal
Singapore’s Fullerton Fund Management and Hong Kong’s Da Cheng International Asset Management have struck a landmark partnership, uniting their equity expertise to open fresh investment avenues across Asia’s two leading financial centres.
Fullerton Fund Management (Fullerton) and Da Cheng International (DCI) will co-sponsor products blending their signature strategies – Fullerton’s Global Absolute Alpha equity strategy and Da Cheng’s Gao Xin China equity strategy – while working jointly on development, promotion, and distribution.
In August, Fullerton already launched its «Fullerton Lux Funds – China Equities», sub-advised by DCI, underscoring the deepening ties between the two firms.
Strategic Expansion Across Markets
The collaboration allows each firm to tap into the other’s home ground: Fullerton bringing its global equity capabilities to Hong Kong investors, while DCI extends its deep local China expertise to Singapore clients.
The move cements both groups’ ambitions to serve institutional, sovereign, and retail investors with sharper cross-border offerings.
Specialists with Track Records
Fullerton, headquartered in Singapore with over 20 years of market experience, manages assets for sovereign wealth funds, insurers, pensions, and private wealth clients across public and private markets.
DCI, the international arm of one of China’s top-ten fund houses, is among only four managers licensed by China’s National Council for Social Security Fund for both onshore and offshore investments – a rare distinction in the market.
Voices From the Deal
«At Fullerton, we believe in bringing China to the world, and the world to China,» said Mark Yuen, Chief Business Development Officer of Fullerton. «Our partnership with DCI fulfils our aim by giving investors access to Da Cheng’s deep local expertise and strong track record, while also letting Fullerton share its global equity strategies with Hong Kong’s market.»
Xiao Jian, CEO of DCI, added: «We are delighted to partner with Fullerton to bring their global equity expertise to our investors. Both firms share a commitment to rigorous research and alpha generation. Their Global Absolute Alpha strategy is a natural complement to our existing funds, giving clients diversified exposure for long-term growth.»
