Singapore IAM’s innovative discretionary model helps propel 46% return in 2023

Unlike typical independent asset managers (IAM) that heavily rely on retrocessions, Paragon Capital Management has found success with its discretionary-based business, a model that may not be suitable for every private banker. That strategy is also helping it to deliver strong returns for clients. The firm’s flagship Paragon Alpha I fund gained 45.62% for 2023, beating top-performing asset classes.


In a year marked by challenges and volatility, PAF I has not only navigated but excelled. The fund recorded an annualised return of 11.17%, placing it 17th out of 306 funds in its category according to Eurekahedge.

2024 Market Outlook

As 2024 unfolds, we are excited to share our market outlook, building on a phenomenal 2023 where we saw a 35% increase in Assets Under Management (AUM).
In our view, the major reset in U.S. monetary policy over the past two years has created a more conducive backdrop for global equities. While short term volatility remains a constant, even for quality stocks, we see these fluctuations not challenges but as opportunities to create value for our investors over the longer term.

Bigger Picture: Identifying quality companies for your portfolio

Sean Quek, Senior Portfolio Manager of Paragon SAGE Fund, discussed the traits he looks out for in quality companies, and where the magnificent 7 tech stocks rank on his list.

Lengthen Credit Duration as Fed May Cut Sooner: Paragon’s Neo

Carinn Neo, Senior Portfolio Manager at Paragon Capital Management Singapore, opined to lengthen credit duration as softer US economic data may lead the Fed to start cutting rates earlier than investors anticipated and push yields lower.

Bigger Picture: Why tech stocks continue to be in vogue

Paul Lee, CEO & CIO, Paragon Capital Management Singapore, weighs in on the boutique asset management firm’s overview of market opportunities and risks; the positioning of its Paragon Alpha 1 Fund and the evolution of client needs; and the global and macro-economic outlook.

Paragon Ventures I Invests in Singapore-based Lithium-Ion Battery Recycling Start-Up NEU Battery Materials

Paragon Ventures I Invests inSingapore-based lithium-ion battery recycling startup; NEU Battery Materials, to begin industrialisation of Clean and Sustainable Lithium Battery Recycling using patented electrochemical redox targeting technology.

Intangible asset valuation guidelines will bring clarity, boost Singapore’s IP standing: analysts

The Business Times — New guidelines that Singapore is developing for the valuation of intangible assets (IAs) should bring clarity to what is currently a grey area, and boost the Republic’s status as an intellectual property (IP) hub, said industry players and analysts.

Paragon Ventures I Invests in Singapore-Based Biotech Start-Up Insectta

Paragon Ventures I Invests in Singapore-based biotech start-up; Insectta, to begin industrialisation of patented insect biomaterial extraction technology

Paragon Capital Management Singapore Strengthens Team with Two New Senior Hires

Ethan Lim joins as Advisor, Discretionary Portfolio Management, William Goh joins as Vice President and Portfolio Manager, Both bring with them strong track records in wealth management.


Confirmation of Accredited Investor Status and Consent to the Terms of Use and Privacy & Cookies Policy

I confirm that I am an “Accredited Investor”, “Institutional Investor” or “Expert Investor” as defined under the Securities and Futures Act (Chapter 289) and Securities and Futures (Classes of Investors) Regulations 2018 of Singapore and qualify as such under one of the categories.

I have reviewed and hereby agree to the Terms of Use and Privacy & Cookies Policy for accessing this Website.