+65 9841 2002

+65 6681 6632


Sam Luft



Chief Executive, Global Wealth Management

+65 6681 6632

+65 9449 1785

Sam has three decades of experience managing multi-asset class portfolios for Private Clients and Institutional investors in North America

Prior to co-founding First Degree in 2011, Sam held a range of senior management and investment management roles for domestic and international institutions in North America

These roles included Chief Global Markets Strategist at Folio Asset Management, Head of Investment Management for Credit Agricole’s Private Bank in The Bahamas, Chief Executive of Banque Safdie USA and as a Senior Portfolio Manager at Fiera Capital and Montrosco Bolton

Sam has had extensive experience in the property sector in North America, both as an investor and representing the interests of investors in major property developments in Canada and the United States. He currently works closely with Trez Capital, one of the largest non-bank mortgage lenders in Canada

Sam’s specialist areas of expertise include asset allocation and portfolio and risk management, which he regularly lectures on in leading industry conferences in North America, Europe and Asia

Sam holds a Bachelor of Science and a Master of Business Administration from McGill University, Canada

Tony Morgan



Chief Executive Officer

+65 6681 6632

+65 9755 8514

Tony has twenty years’ experience in the management of investment management businesses in Australia and across the Asia Pacific region

Tony began his career as a corporate and securities lawyer with Baker & McKenzie in Sydney, before holding the roles of Head of Investment Product and Corporate Counsel at Davey Financial Management and Corporate Counsel and Head of the Retail Business of Jardine Fleming Australia

Tony then transferred to Hong Kong to take up the role of Business Management Director of the JF Asset Management Group. Subsequent to those roles, Tony relocated to Singapore where he held the roles of Chief Operating Officer, South Asia, and Head of Sovereign and Institutional Clients, South Asia, at JPMorgan Asset Management

In those roles, Tony served as the Chairman of JPMorgan Asset Management (India), a Director of JF Capital Partners (Australia), JF Asset Management (India), Al Meezan Investment Fund (Pakistan) and Ayudhya JF Asset Management (Thailand), all of which were licensed investment management entities

Tony holds a Bachelor of Legal Studies from Macquarie University, a Master of Laws and a Master of Taxation from the University of Sydney and a Master of Business Administration from the University of London and has been admitted as a Solicitor of the Supreme Court of New South Wales and of the High Court of Australia

Tony is also the Chairman of Blue Duck Design Pte. Ltd., a Singapore-based graphic design firm

Stephen Fisher



Chairman and Chief Investment Officer

+65 6681 6632

+65 9841 2002

Stephen has twenty five years’ experience as an investment professional with leading investment management groups in the United States, Asia and Australia

Immediately prior to co-founding First Degree in 2011, Stephen was the Head of Global Fixed Income Product - Asia Pacific at JPMorgan Asset Management, and had investment responsibility for the firm’s mandates from Central Banks, Sovereign Wealth Funds and some of the largest Institutions in the Asia Pacific Region

Prior to that role, Stephen held roles with the firm in New York and Australia, including those of Australian Head of Capital Markets Research and Asia Pacific Regional Head of Capital Markets Research

Stephen’s specialist areas of expertise include the quantitative analysis of fixed income, equity and derivative securities and asset allocation techniques. He has advised some of the leading Global Central Banks and Sovereign Wealth Funds on reserves management practices, and his research has been widely published

Stephen holds a Master of Science (Finance) an a PhD (Finance) from the WE Simon Graduate School of Business Administration, University of Rochester, New York, and a Bachelor of Economics (First Class Honours) from the University of Sydney

Stephen is also a Non-Executive Director of Avation Plc, a commercial aircraft leasing company listed on the Main Board of the London Stock Exchange


+65 6681 6632