Me & My Money: Diversifying portfolio to ride out risks

AI firm's CEO stays invested to reap long-term returns, while avoiding short-term pitfalls

Mr Liu Feng-Yuan, the chief executive and co-founder of artificial intelligence start-up BasisAI, picks passively managed funds to keep costs low and because he believes he does not know enough to be able to pick the best active fund managers. ST PHOTO: ALPHONSUS CHERN
New: Gift this subscriber-only story to your friends and family

Diversifying his portfolio forms the backbone of Mr Liu Feng-Yuan's investment strategy.

This diversification is useful in helping him stay invested for the long term and avoiding short-term risks and pitfalls, he adds.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on September 27, 2020, with the headline Me & My Money: Diversifying portfolio to ride out risks. Subscribe