Stephen Fisher

Principal
Chief Investment Officer

W: +65 6681 6632
M: +65 9841 2002
stephen.fisher@firstdegree.asia

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

Tony Morgan

Principal
Chief Executive Officer

W: +65 6815 1993
M: +65 9755 8514
tony.morgan@firstdegree.asia

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