Once fund managers clock up a decade or more of experience at
large investment houses, most have been rewarded (or had their
fingers burned) enough times to develop strong opinions about
what investment strategies do and don't work.
However, not all of them have the courage of their
convictions to set up on their own, outside the security
blanket of a big firm and put their theories to the test. But
Wong Kok Hoi did just that, and he's still at the helm of the
boutique firm, APS Asset Management, that he founded 17 years
Wong started his career with the Government of Singapore
Investment Corporation and Citicorp Japan, where he was chief
investment officer. "In 1995 I decided to set up my own firm
because I wanted to manage money in the way I think it should
be done: bottom-up," he says.