Singapore-Based $615 Million Absolute Return Asia Hedge Fund New Silk Road Investment to Wind Down & Return Capital to Investors, AUM Decreased -69% from $2 Billion in 2021 to $615 Million in 2024, Founded in 2009 by ex-Singapore GIC Asian Equities Portfolio Manager Raymond Goh (Portfolio Manager) & ex-Deutsche Bank Head of Hong Kong & China Equities Hoong Yik Luen (CEO & China Portfolio Manager), Funds Include New Silk Road Investment Master Funds VCC, NSR Sea Master Fund, New Silk Road China Master Fund, Asia Discovery Emerging Companies Master Fund & Asia Landmark Master Fund
22nd July | Hong Kong
Singapore-based $615 million absolute return Asia hedge fund New Silk Road Investment has announced to wind down & return capital to investors. New Silk Road Investment AUM had decreased -69% from $2 billion in 2021 to $615 million in 2024. New Silk Road Investment was founded in 2009 by ex-Singapore GIC Asian Equities Portfolio Manager Raymond Goh (Portfolio Manager) & ex-Deutsche Bank Head of Hong Kong & China Equities Hoong Yik Luen (CEO & China Portfolio Manager). New Silk Road Investment funds include New Silk Road Investment Master Funds VCC, NSR Sea Master Fund, New Silk Road China Master Fund, Asia Discovery Emerging Companies Master Fund & Asia Landmark Master Fund. New Silk Road Investment – New Silk Road Investment is an investment management firm based in Singapore. We invest in Asian companies with the aim of achieving superior long term absolute returns through an independent, fundamentally-based, value-driven investment process. We were established in January 2009 by our two principals, Raymond Goh and Hoong Yik Luen. We are the Investment Manager of the Asia Landmark Fund which was launched in May 2009. The Asia Landmark Fund has both onshore and offshore investment structures for US and International investors via a Cayman LP and Cayman offshore feeder fund. We are independent and wholly-owned by the principals and employees.
“ Singapore-Based $615 Million Absolute Return Asia Hedge Fund New Silk Road Investment to Wind Down & Return Capital to Investors, AUM Decreased -69% from $2 Billion in 2021 to $615 Million in 2024, Founded in 2009 by ex-Singapore GIC Asian Equities Portfolio Manager Raymond Goh (Portfolio Manager) & ex-Deutsche Bank Head of Hong Kong & China Equities Hoong Yik Luen (CEO & China Portfolio Manager), Funds Include New Silk Road Investment Master Funds VCC, NSR Sea Master Fund, New Silk Road China Master Fund, Asia Discovery Emerging Companies Master Fund & Asia Landmark Master Fund “
Singapore-Based $615 Million Absolute Return Asia Hedge Fund New Silk Road Investment to Wind Down & Return Capital to Investors, AUM Decreased -69% from $2 Billion in 2021 to $615 Million in 2024, Founded in 2009 by ex-Singapore GIC Asian Equities Portfolio Manager Raymond Goh (Portfolio Manager) & ex-Deutsche Bank Head of Hong Kong & China Equities Hoong Yik Luen (CEO & China Portfolio Manager), Funds Include New Silk Road Investment Master Funds VCC, NSR Sea Master Fund, New Silk Road China Master Fund, Asia Discovery Emerging Companies Master Fund & Asia Landmark Master Fund

Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit