Pheim Asset Management Sdn Bhd
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 2020, the total staff strength of PAMSB is fifteen (14). The total value of the assets under management is RM909.72 million.
click here to Pheim Asset Management Sdn Bhd website.
Designated Fund Manager of the Funds
Encik Wan Ahmad Mohsin
Encik Wan Ahmad Mohsin joined Pheim Asset Management Sdn Bhd as an investment analyst in 2018 where he is responsible for providing analysis, evaluation and investment actions on the companies that are under his coverage. On the portfolio management side, he assists fund managers in managing fund and this responsibility includes deploying strategic and tactical portfolio managements based on current view. The method is applied to all of clients’ portfolio, which are investing in Asia and Malaysia. In October 2020. He has become a license holder approved by the Securities Commission and subsequently appointed as the Fund Manager to manage some of the PUTB funds.
He started his career in the financial industry in 2015 and started off as a research analyst in Phillip Research Sdn Bhd. At that time, his responsibility was co-managing an Asean Shariah advisory fund, which tracks the Dow Jones Asean Islamic Index. Furthermore, he helped in recommending and monitoring of stocks for the international, as well as for the domestic market coverage during his time in Phillip Research Sdn Bhd. Besides that, he was also responsible in providing portfolio recommendations for clients’ unit trust portfolios, which is done by comparing and selecting the best funds to be put into portfolios.
Encik Wan Ahmad Mohsin holds a degree in Bachelor of Science (Hons) in Financial Mathematics from Universiti Sains Islam Malaysia and graduated in 2015.
Mr. Aaron Pek Shih Yung
Mr. Aaron Pek Shih Yung joined Pheim Asset Management Sdn Bhd (“PAMSB”) in 2020. He obtained his ACCA (“Association of Chartered Certified Accountants”) charter while studying at Sunway University, and is currently also pursuing the CFA (“Chartered Financial Analyst”) charter.
Mr. Aaron has more than 5 years of industry experience, covering both equities and fixed income (primarily in the US and Malaysian markets). His previous sector coverage included Consumer, Banking, O&G, Technology, Utilities and Airlines. He is also well-informed on global macro.
At his previous companies, Mr. Aaron has learned a wide spectrum of investment strategies which include the evaluation of investee companies (e.g. cash flow sustainability, incremental debt capacity, risk management) and explored different fixed income structures (e.g. vanilla, convertibles, zero-coupon). Mr. Aaron also participated in reducing the portfolio’s tracking error & maximise drawdown, optimizing Sharpe ratio, and providing feedback on macro strategy and factor investing.
Additionally, Mr. Aaron was involved in producing equity research reports on behalf of his previous firm and supported the business function at the operational level.
His strengths as an equity analyst include having a love for numbers and detail, possessing a comprehensive understanding of stocks in a business context, and being highly passionate and energetic about investments.
Note: With effect from January 2018, En. 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.
Note: With effect from 25 August 2020, Puan Mutiara Binti Zulkifli have resigned as Fund Manager. The profile of Puan Mutiara is hereby deleted in its entirety.
Note: With effect from 05 February 2021, Mr. Lee Ta Wei have resigned as Fund Manager. The profile of Mr. Lee Ta Wei is hereby deleted in its entirety.