An investor who sued UBS to claim back more than $8 million over an alleged mismanagement of his investment portfolio after the collapse of Lehman Brothers five years ago has withdrawn his suit after three days of trial in Singapore, the Business Times reported.

Breezeway Overseas and its director Vasanmal Murli applied to discontinue their claims alleging misrepresentations by the Swiss bank over loans they had taken to buy various emerging market bonds in 2008, the publication said.