He also added that the mantra they work under is ‘transforming lives’ whereby they invest 15% of what they receive into the environments they invest in through things like micro finance.
Ask many people looking to invest in Asia and Emerging markets who they would choose and the usual suspects are Aberdeen and First State. Both companies have a right to be in that space with strong performance and a good reputation. However, with success comes challenges and in both cases we have seen them limit access to their funds for new investors.
This has been good because it has forced people to look elsewhere and in our travels we have found that there are many alternatives in the market and amongst them it is possible to find hidden gems. One of these potential gems is the Alquity Asia Fund.
There are a few things which we like about the fund but two things we think stand out. Firstly the manager adopts an Environmental, Social and Governance (ESG) Policy under the investment process and secondly part of the company profits are given to transforming lives.
What investors may be more concerned about is the track record. The fund was only launched in May 2014 and although it has delivered strong performance some may argue they need to see a 3 to 5 year record before investing. It is certainly something to consider.
In this update we shine some light on the process and investment style.