Founded in 1964, Société Générale's asset management division launched the first French mutual fund in France. It became a 100% owned subsidiary of Société Générale in 1997. Today, SG Asset Management is the largest manager of domestic mutual funds in France, which has the second largest mutual fund industry in the world after the US.

SG Asset Management is a leading global fund management company that manages over US$222 billion (S$397 billion) as at March 2001 in a wide range of asset classes, for a diverse international client base. Fitch-AMR has given the company an AA+ rating, which is a guarantee of the professionalism of its teams.

SG Asset Management, which employs 1196 people worldwide, has offices in 17 countries with main its subsidiaries in London, Tokyo, Singapore and New York.

The Group's asset management business for Asia Pacific, excluding Japan, is headquartered in Singapore and has been established since 1989. SGY Asset Management (Singapore) Ltd is one of twenty-five CPF-approved fund managers in Singapore, with S$2.5 billion (as at March 2001) under management.