Pheim spreads its wings
Pheim does not maintain a fully invested position at all times.
Vote of confidence
Dr Tan Chong Koay has mentioned in the article: "We never fully invest and always keep cash in hand".
Sumitomo Expands Investments in Asia
While many funds remain fully invested at all times, Dr Tan Chong Koay said he won't hesitate to sell shares and keep a large chunk of his funds in cash if he feels a market has become overvalued.
Why Pheim doesn’t swim with the shoal
In this part of the world if you came in when the market is high, you would be taking a very big risk.
Outperforming the majority
In 1996, Dr Tan Chong Koay loaded up 25 per cent of his portfolio with small stocks traded on Malaysia's notoriously volatile Second Board. The Kuala Lumpur Second Board Index had more than doubled when Dr Tan sold most of those holdings in March 1997, four months