Margaret Thatcher, the former British prime minister who became one of the most influential global leaders of the postwar period, died at age 87

Updated April 8, 2013, 8:03 a.m. ET

Margaret Thatcher Dies

By ALISTAIR MACDONALD

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LONDON—Margaret Thatcher, the former British prime minister who became one of the most influential global leaders of the postwar period, died on Monday, three decades after her championing of free-market economics and individual choice transformed Britain’s economy and her vigorous foreign policy played a key role in the end of the Cold War. Mrs. Thatcher, who grew up in an apartment without hot water above her father’s grocery store in Grantham, eastern England, went on to become Britain’s first female prime minister and arguably the country’s dominant political figure since Winston Churchill. She was 87.

She was a key ally and close friend of former U.S. President Ronald Reagan, sharing with him a view on free-market, monetarist solutions to the economic problems of the day, as well as an uncompromising stance on how to handle the former Soviet Union, earning her the nickname “the Iron Lady.” Together the two led a rightward shift in Western politics that extolled the virtues of a free-market economic system with little government intervention that has largely endured, though aspects, such as the deregulation of financial services, have been questioned during the credit crisis. In moves that were widely copied, Mrs. Thatcher took on Britain’s all-powerful trade unions and privatized state-run industries, governing with a take-no-prisoners style that earned her both admiration and dislike.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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