Berwyn, Pennsylvania, United States
Lim Beng Eu has been appointed managing director of Turner Investments Pte. Ltd., a new wholly-owned, Singapore-based subsidiary of Turner Investment Partners, an investment-management firm based in the United States. Mr. Lim will lead Turner's efforts to develop new business and provide service to clients in Asia.
Headquartered near Philadelphia, Pennsylvania, and founded in 1990, Turner Investment Partners manages core, growth, value, quantitative, and long/short strategies, including more than 20 major institutional-portfolio composites and 13 domestic and international mutual funds. The firm's assets under management total more than $26 billion as of June 30, 2008.
Mr. Lim, 38, will market the firm's institutional and subadvisory investment-management services, as well as Turner's family of UCITS III funds to qualified institutional investors in Asia. He reports to Chief Marketing Officer Glenn Dever, a principal of the firm.
Mr. Lim brings 16 years of experience to Turner. He most recently was institutional sales director at Prudential Asset Management in Singapore, where he helped to grow Prudential's institutional business across Asia.
A holder of the Chartered Financial Analyst designation, Mr. Lim received a bachelor of economics degree from Monash University in Australia in 1992.
Turner Investment Partners employs more than 130 people, of whom more than half are principals. The Turner Funds plc (the "Funds") are offered solely to non-U.S. investors under the terms and conditions set forth in the prospectus. The prospectus contains important information about the Funds and an investor should read it carefully before investing. The Funds are available only to professional clients and are not suitable for retail clients.
Past performance is not a guide to future returns and investors may not get back the full amount invested. This document is intended for informational purposes only and does not constitute investment advice or solicitation. Where Turner Investment has expressed views and opinions, these are our present opinions only and are subject to change.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5771263
Source: Business Wire (Business Wire India)