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Asset Management / Wealth Management
T. Rowe Price opens funds to Tokio Marine clients
Singapore retail investors gain access to global funds via investment-linked insurance plans
The Asset   23 Jan 2025

T. Rowe Price has teamed up with Tokio Marine Life Insurance Singapore to offer two global funds through investment-linked insurance plans to retail investors in Singapore.

The partnership allows Tokio Marine clients to access the two underlying funds managed by T. Rowe Price, which draws upon the asset manager’s proprietary global research platform of over 800 investment professionals.

The T. Rowe Price Funds SICAV - Global Focused Growth Equity Fund ( Class A8pn SGD ) is an actively managed and diversified fund that seeks to identify “best ideas” across global equity markets to build a high-conviction global portfolio. It aims to provide 8% dividends on an annual basis.

The T. Rowe Price Funds SICAV - Diversified Income Bond Fund ( Class Axn SGD ) is an actively managed fixed income fund with a 7.18% annualized dividend yield. It invests in bonds of all types from issuers around the world, including emerging markets. It has the flexibility to invest in over 15 major fixed income sectors, over 80 countries, and over 40 currencies, to identify the most attractive opportunities based on the investment team’s evaluation on valuations, economic cycles, and market conditions.

Glen Lee, head of intermediary distribution for Asia ex-Japan at T. Rowe Price, says: “The global investment landscape is poised for a period of transition. Leveraging in-depth fundamental research to identify significant secular trends and maintaining a robust ‘all weather’ framework to navigate various rate cycles will remain essential. The funds we introduce to Tokio Marine clients are thoughtfully curated to reflect these investment approaches, positioning them to adeptly manage evolving dynamics.”