Aggregate Asset Management did not begin with a swanky office in the heart of CBD.
We had our humble beginnings in Joo Chiat, with three value-investing “geeks” who believed ordinary investors deserved institutional-grade portfolios without paying institutional-style fees.
Back in 2012, co-founders Wong Seak Eng, Kevin Tok and Eric Kong pooled less than S$5 million to launch a small, deep-value fund from a shophouse based in the East of Singapore.
They had spent decades in auditing, fund management, banking and financial services, and had seen first-hand how layers of fees and sales charges quietly ate into the retirement outcomes of regular investors.
So they decided to do something unconventional for the time: build a licensed fund management company with a zero-management-fee model, and charge only when investors made money, subject to a high-water mark.
In other words, no annual “rent” on client assets – only a performance fee once returns crossed previous highs.
That alignment, combined with a disciplined, highly diversified value strategy, became Aggregate’s signature.
The flagship Aggregate Value Fund launched in 2012 as an Asia-focused, deep-value equity fund.
Over time, the team expanded its universe and adopted machine learning to sift through thousands of stocks across 19 markets.
Today, the fund holds nearly 900 listed companies globally, aiming to deliver steady, mid–single digit to high–single digit net returns over the long term for accredited investors planning for retirement, wealth preservation and legacy.
From that Joo Chiat beginning, Aggregate’s AUM grew to around S$615 million, supported by a track record of positive long-term performance, a growing base of like-minded investors, and a team that is personally invested in the same fund as its clients.
The address has changed, the technology stack has evolved, but the original promise remains the same: align interests with investors, stay disciplined on value, and let compounding do the heavy lifting over time.
