Corporate History

Phillip Capital Management (S) Ltd, (PCM) is proudly serving its clients with dedication and commitment for more than 20 years.

Phillip Capital Management (PCM) started as Allied Phillip Capital Management (APCM) in 1994. It was subsequently named AIB Govett in 1997. Led by Jeffrey Lee, the current MD and CIO, the company ran institutional funds and two Singapore-based unit trusts, which consistently outperformed funds in the peer group.

PCM was formally incorporated on September 1999, became IMAS regular member in the same month. The firm was granted Capital Market Services license in February 2000.

PCM launched three flagship funds in April 2001: The Philip Growth Fund, Phillip Income Fund, and Phillip Money Market Fund; all three funds have been well-acclaimed.

Over the years PCM has formed partnerships with various Financial Advisory companies and launched funds in collaboration with them. Since 2006, the company has been awarded mandates from a variety of institutional entities including uniform co-op, sovereign wealth, and endowment funds. In 2007, PCM received investments from Singapore government agencies. We are very proud to say that over the years, our institutional clients have not only continued investing through us but also made further capital injections to their accounts.

The current Phillip portfolio consists of nine onshore and three offshore funds. The Phillip Money Market Fund is the largest retail fund in Singapore today.  Some new funds are being prepared for launch.

The firm boasts an energetic team of fund managers and analysts led by Jeffrey Lee, who has been with the group since 1994.