'Why don't you help me manage': How a research analyst started his own fund

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The job of a professional fund manager is to grow customers’ wealth. But it’s not just about dollars and cents - as Money Mind finds out from a lifelong investor who took the leap to set up his own investment fund.

SINGAPORE: Making decent money for his clients, and not sacrificing family time. These are two measures Terence Wong would count as successes when he looks back at his life in 10 years' time.

"I had the management of listed companies and CEOs coming to me and saying: ‘You have some very interesting investment ideas. I have some money, why don’t you help me manage'.”“Even though i knew how to pick good stocks, I didn't exactly know how to start a company. So I had to just learn everything. There was a lot of humility involved.”By then, market sentiment had shifted and Mr Wong had to convince investors that they should remain on board.

“It's important to really go down to the factories to kick the tyres and to understand more about the prospects. The fund focuses on Southeast Asia, with Singapore stocks taking up more than 50 per cent. This in itself poses an interesting challenge to investment professionals.

 

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