Singapore, Sept. 27 -- 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.

Mr Liu, 38, is the chief executive and co-founder of artificial intelligence start-up BasisAI, which aims to build responsible artificial intelligence (AI) solutions.

It was founded in 2018 and received around $8.2 million in seed funding from Temasek and Sequoia Capital, in one of the largest seed rounds raised by a Singapore start-up.

The firm is now a team of 20. It is focusing on product development and identifying products that fit the market at this stage.

Mr Liu said: "We're looking to...