Pheim Asset Management bullish on tech, semiconductor sectors

: Pheim Asset Management Sdn Bhd is bullish on the technology and semiconductor sectors.

This is due to the the internet, cloud and 5G advancements, said Pheim founder and chief strategist Tan Chong Koay (pix) at a press conference in conjunction with Pheim Asset Management’s 25th anniversary celebration here today.

Geographically, he said Pheim favours the Asia ex-Japan region, particularly the Asean region as it is one of the fastest growing regions in the world.

Meanwhile, Phem is aiming to deliver 8%-12% returns for its funds over the next five years.

Source: The Sun Daily

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