AI could help Asian fund firms win global mandates, says fund veteran Gerard Lee
CPFIS needs a revamp, he says. And why not create an avenue for CPF members to participate in GIC’s long-term average returns?
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Genevieve Cua
VETERAN fund manager Gerard Lee worked for less than two years marketing real estate after university in the 1980s – then he landed a spot in GIC’s traineeship programme.
That coveted stint, which he found “more cerebral than expected’’, launched him into a four-decade career in asset management, of which nearly two decades were in the C-suite.
Just last month, Lee, 64, stepped down from Lion Global Investors (LGI), where he was chief executive until last November. “I’m not retiring from life. I’m retiring from a full-time job. I think I have a runway of around 20 years before I kick the bucket. I’m still very useful, still full of ideas,’’ he says.
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