The Lien family had been investors in Overseas Union Bank, formerly the fourth largest Singaporean bank, which was sold to UOB. Michael Lien is a board member of UOB.
The fundÆs assets under management is currently $40 million and the plan is to raise up to $400 million at which time a capacity review will take place. The fund targets absolute returns of 12-15% and volatility of 6-8%. The Sharpe ratio in 2005 was...
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