External Fund Manager
Pheim Asset Management Sdn Bhd (“PAMSB”)
The investment management, compliance and risk management functions of the Manager have been delegated to PAMSB, the holding company of the Manager. As PAMSB is a holder of the Capital Markets Services Licence, the approval of the SC is not required for the delegation.
PAMSB commenced its operations on 4 January 1994. PAMSB is part of an established fund management group in Malaysia and Singapore. Founded by Dr Tan Chong Koay, the Pheim Asset Management Group (“Pheim Group”) currently comprises 3 offices, namely PAMSB, Pheim Asset Management (Asia) Pte Ltd and PUTB. The Pheim Group specializes in investing in the equity markets of Malaysia, ASEAN and Asia ex-Japan.
As a delegate of the Manager, PAMSB implements the investment strategies determined by the investment committee and manages the Funds on behalf of the Manager. PAMSB also performs the compliance and risk management functions on behalf of the Manager.
PAMSB has discretionary authority over the investments of the Funds subject to the Guidelines and regulations issued by the relevant authorities, i.e. the SC and Bank Negara Malaysia.
PAMSB reports to the investment committee of the Funds on a monthly basis on the status of the Funds, proposes investment strategies and discusses matters relating to the Funds. Apart from the monthly meetings, the investment committee will meet with PAMSB more frequently should circumstances require.
The remuneration of PAMSB is borne by the Manager.
As at 31 December 2019, the total staff strength of PAMSB is fifteen (15). The total value of the assets under management is RM765.93 million.
click here to Pheim Asset Management Sdn Bhd website.
Designated Fund Manager of the Funds
Mr Lee Ta Wei (Fund Manager) – Mr Lee joined Pheim Asset Management Sdn Bhd in 2015. Together with his experience in PAMSB and prior to joining PAMSB, he has more than 10 years of investment-related exposure, including being a Unit Trust Consultant registered with Federation of Investment Managers Malaysia (FIMM) from 2008 to 2015.
Mr Lee is a bachelor degree holder with a Dean’s Award in Mechanical Engineering major in Material from University of Technology Malaysia. He began his career at Sony EMCS (Malaysia) Sdn Bhd as a Senior Design Engineer for 6 years, overseeing the product design, mass production and quality assurance. Prior to joining PAMSB, he was a Senior Analyst in the Malaysian Office of a foreign owned valuation firm for more than 3 years during which he was responsible for the valuation of target companies listed in Bursa Malaysia. The business valuation encompasses due diligence, financial analysis and financial modelling on the target companies.
Mr Lee is a Chartered Financial Analyst (CFA) holder since 2017.
Ms Mutiara Zulkifli (Fund Manager/Investment Analyst) – Mutiara has more than 3 years of experience in the investment industry. Prior to joining PAMSB, she was attached to an investment team of another asset management company, and was responsible for advisory account which mainly invests in the Asean markets. The account has consistently outperformed its benchmark index during her tenure. She holds a Bachelor of Business Management with Honours (Finance) degree from the Universiti Teknologi MARA.
Note: With effect from January 2018, Mr Ede Irwan Bin Abdul Rahim & Mr Fung Chee Fui have resigned as Fund Managers.
Note: Mr. Leong Hoe Kit is no longer the Chief Executive Officer of Pheim Asset Management Sdn Bhd (“PAMSB”) and Non-Independent Director of Pheim Unit Trusts Berhad (“PUTB”). The profile of Mr. Leong is hereby deleted in its entirety.