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Tan Teng Boo is a financial expert, fund manager and entrepreneur. He is the founder of Capital Dynamics Sdn Bhd; Malaysia’s first independent investment advisor, Capital Dynamics Asset Management; fund manager of Malaysia’s only listed closed-end fund[1], Capital Dyamics (S) Pte Ltd; Asia’s first global fund manager and Capital Dynamics (Australia) Ltd; first Asian fund manager to obtain an Australian Financial Services Licence (AFSL). He is a value investor and manages all his funds using his own 'intelligently eclectic' value investing approach.

Early life

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Tan Teng Boo was born on the 11th of February 1954 in Alor Star, Kedah, Malaysia [2]. His fascination with the market began in 1972 and in Form Six he contemplated playing the stocks full-time until his General Paper teacher talked him out of it [3]. At 19 in 1973 he joined Reuters as an economics journalist. Six months later he enrolled at Sussex University which he would graduate from with a degree in economics. When he returned to Malaysia he worked for 5-6 years managing his Father’s rubber trading and processing business. In 1983 he left to work for GP Securities in Kuala Lumpur. After just one year he set out to set up his own brokerage however rule changes in the brokering license meant this became unfeasible. His back up idea originally was to set up a funeral business however he instead opted to set up in the financial advisory industry and obtained the necessary license [4].

Career

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During the 1985 and 1986 Malaysian recession Tan Teng Boo was struck by the lack of transparency in the Malaysian financial industry. He set out to rectify this and to provide the Malaysian community with transparent, independent investment advice. In 1989 iCapital was launched in Malaysia. In 2002 an online version was added. In October 2005 icapital.biz Berhad, a closed end fund managed by Tan Teng Boo’s company Capital Dynamics Asset Management, was listed on Bursa Malaysia[5]. In 2006 Capital Dynamics expanded into Singapore, becoming the first Asian global fund manager by launching a new global fund in 2007. In 2008 Tan Teng Boo became the first Asian Fund Manager to obtain an Australian Financial Services Licence (AFSL) and a new office and fund were set up in Australia. [6] . In Malaysia he has been recognized as “one of the country’s iconoclastic minds in financial markets research” [7]. His views are frequently sought after by the Financial Times, Wall Street Journal, Bloomberg, Business Times, Reuters, The Edge, AFP, Astro.

References

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  1. ^ MYX: 5108
  2. ^ http://www.nextinsight.net/index.php/story-archive-mainmenu-60/36-2009/1686-tan-teng-boo-top-fund-manager-expects-30-40-gain-next-year
  3. ^ http://www.icapital.biz/english/images/aboutus/spotlight_voice.pdf
  4. ^ http://mediafiles.icapital.biz/ext-files/icap-files/files/Pulses_Feb1.pdf_
  5. ^ MYX: 5108
  6. ^ 'Capital Dynamics spreads wings to Australia', Tee Lin Say, Star Online, Sat March 7th 2009
  7. ^ http://biz.thestar.com.my/news/story.asp?file=/2009/5/9/business/3846144&sec=business
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