A startup life, for these two fund managers
Passion and confidence drive founding duo behind fledgling fund Astral Asset Management.
IN humble digs at the Regus business centre at Suntec City Tower 2 sit two fund managers planning to make a name for themselves.
From inauspicious beginnings in May 2015 right before the China crash, Astral Asset Management has grown from US$5 million in initial capital to US$13 million of assets under management (AUM) today.
The Astral Value Fund, which the firm manages, has returned 18.5 per cent from inception till end-May this year.
The firm has broken even on their operational costs, says Sean Mah, 36, the fund's cherubic-looking chief investment officer. "We're very good at bootstrapping."
Mr Mah, together with chief executiv…
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