FSL adds Millennia long/short strategy

The local hedge fund manager will provide FSL''s fourth hedge fund.

Singapore-based Fairfield Straits Lion Asset Management has added a longshort Asian equities fund to its platform. The Fairfield Areca Asian Equity Fund is sub-advised by Millennia Investment Management, also based in Singapore.

Millennia was founded in May, 2004 by investment bankers with private equity experience, and claims a 31% return from inception to September 2005. Its managing director is Seah Kiat-Seng, who began the firm after serving as MD and investment committee member of Springboard-Harper...

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