Manraj Sekhon leaves Fullerton

Fullerton Fund Management, backed by Temasek, has lost its chief executive and chief investment officer Manraj Sekhon, who stepped down after more than five years with the firm.

Manraj Sekhon has left Fullerton Fund Management, an asset manager wholly-owned by Singapore state-owned investment firm Temasek, after more than five years as its CEO and chief investment officer, Bloomberg reported yesterday.

Sekhon’s decision to leave was announced by Fullerton’s board on Tuesday and took effect immediately. He had been with the firm since October 2011.

Ho Tian Yee, chairman of Fullerton, will act as interim chief executive and chief investment officer, while the firm seeks a new executive team member to take over the roles permanently.

Sekhon previously served as director and head of international equities at asset manager Henderson Global Investors.

Established in 2003, Fullerton has $11.8bn of assets under management as of September 2016. The firm focuses on Asia and emerging markets, with clients including sovereign wealth funds, government agencies and pension funds as well as endowments and insurance providers.

See more from this Government Report: Singapore


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