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Morgan Stanley veteran introduces event-driven hedge fund

Michael LienÆs Asia ex-Japan hedge fund begins active marketing with plans to raise $400 million.
Michael Lien, the former head of corporate finance for Morgan Stanley in Singapore and currently the manager of the Lien family fortune, is moving his hedge fund, FCM Absolute Return Fund, up a gear by starting active external marketing. The Lien family had been investors in Overseas Union Bank, formerly the fourth largest Singaporean bank, which was sold to UOB. Michael Lien is a board member of UOB.The fundÆs assets under management is currently $40 million and the plan is to raise …
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