KUALA LUMPUR (Feb 19): Pheim Asset Management Sdn Bhd is aiming to deliver 8% to 12% in returns from its funds over the next three to five years, said its founder and chief strategist Dr Tan Chong Koay.

He said the firm's investment strategy includes focusing on the internet-related and semiconductor sector due to its promising outlook.

"The market has gone up, so I think this year is better than last year," he told reporters at the firm's 25th anniversary celebration.