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🇸🇬 Singapore-based Phillip Capital, which manages approximately US$65 billion in assets, has formally submitted a request to Prime Minister Uchral N. to establish operations in Mongolia 🇲🇳

June 29, 2026

Phillip Capital Management (S) Ltd, a Singaporean investment management company with approximately USD 65 billion in assets under management, has expressed its intention to establish a presence in Mongolia during a meeting with Mongolia’s Prime Minister Uchral N.

  • 💼 As part of the Phillip Capital Group, the company provides a broad range of financial services, including securities brokerage, foreign exchange trading, commodities, fund management, investment advisory, corporate finance, and capital market services across multiple international markets.

  • 🌏 Founded in 1975, Phillip Capital currently operates in 15 countries and serves more than 1.5 million clients worldwide, making it one of Asia’s leading integrated financial groups.

📈 The proposed expansion reflects growing international interest in Mongolia’s financial sector and could strengthen capital market development, broaden investment opportunities, and enhance the country’s access to global financial networks.

💡 Ard Insight

The potential entry of a major regional financial institution such as Phillip Capital would represent another positive signal for Mongolia’s investment climate, supporting the government’s efforts to attract foreign financial institutions and deepen the country’s integration into international capital markets.

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