The Success of Mr. Tan Teng Boo & Capital Dynamics Sdn Bhd
Mr. Tan Teng Boo, the founder and money manager of iCapital.biz and a seasoned hand in the fund management industry will on that day dedicate his insights is not simply on investment strategies but likewise how Malaysians can do their persona for the two countries in these difficult times during the two-day happen beginning from Sept 19.
The 63 -year-old chief executive officer of Capital Dynamics Asset Management Sdn Bhd is known for his brutally honest thoughts and gripping insights on what ails Malaysian and the Asian part in terms of the socio-economic space. icapital.biz is a closed-end fund listed on the main sell of Bursa Malaysia. It is run by Capital Dynamics.
Among the regions that to be discussed by Tan include, what he would do if “he’s been” 25 years old today, what impediments would he be facing and what he would do to protect his affluence and secure his future considering the current socio-economic and political situation.
After about 9.5 times, the iCapital.biz generated a cumulative revert of 5. 9 %, or at an annual compound frequency of 0.6%. The fund’s performance dipped below its benchmark, giving up the outperformance the fund had been enjoying since inception.
He has been defined as one of the country’s iconoclastic heads in financial markets research and has been in comparison with the Oracle of Omaha, Warren Buffett, it’s no bombshell that Capital Dynamics Asset Management Sdn Bhd Tan Teng Boo has done it again.
His latest toy- the Australian Financial Service Licence he assured lately for his firm. Just how many Asian fund directors would attempt such an achievement singularly in a foreign ground?
Renowned for his brilliant and eclectic mode of expanding, Tan is also noted for his critical writing and constant criticism of Malaysia’s past mismanagements, white elephant jobs, and poor fiscal policies.
In fact, if one were to ignore the variables ( Buffet’s investment firm has a huge base and is largely exposed to the US market which has taken a major beating) and compare Tan’s performance with Warren Buffett’s in the last 10 years, Tan wins.
” I’m reasonably damn good at what I do. I would say I am one of the top five fund managers in “the worlds”. It is a pity that people don’t really recognize that,” suggests Tan in such a matter-of-fact manner, that it’s almost difficult to construe that as boasting.
Tan today has three funds operating in three countries investing in 42 countries. He speaks close to 300 annual reports a month and is forever on the lookout for undervalued companies.
Tan considers himself very lucky to be alive in this era when China is undergoing it’s stately economic and power alteration. And his opinion on the market?
” We’re in the start of a bull market that will be led by China. There is no economy in this worldwide that is stronger than the Chinese economy,” articulates Tan.
For Tan, setting up Capital Dynamics( Australia) Ltd in Sydney is more than a mere business milestone. With an initial paid up capital of A $500,000, Capital Dynamics( Australia) is targeting a money sizing of A $50 mil in the next 12 to 18 months for the I Capital International Value Fund.
He was of the view that if every Malaysian were to think this style, then we would be living in a different country today, where the political scene has not been able to be in its present state.
For Tan, he assures himself on a crusade which far outperforms his character as a money administrator. It is perhaps not surprising why Tan writes critically in his weekly iCapital newsletter.
Capital Dynamics is Asia’s first global fund administrator and investment advisor with offices in Kuala Lumpur, Singapore, Sydney, Hong Kong and Shanghai. It is an independent fund director and investment consultant, not tied to any bank, stockbroker or political organization. It currently oversees over US $300 mil.