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?
Genevieve Cua
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report