This is one of the top Asia Funds in its sector. It has a concentrated portfolio of between 25 and 35 stocks. They don’t look to take any thematic, sector or country bias but instead focus purely on the companies they invest in. Having fewer stocks, they argue, provides them with better knowledge of the companies they invest in. The strategy has been running since 2014.
In terms of fund size there is currently $600 million in the strategy. They expect to be able to manage this up to around $2.1 billion. At this point they will want to protect existing investors to ensure that the strategy continues to deliver.
In terms of the trade war the manager explained that is important to understand what is driving it and that is the desire to slow down the geopolitical influence of China. China is becoming more influential in emerging markets, whether through trade or money. This is in area which has the strongest potential for growth. They see that tech will drive the next global leader and 5g will be at the forefront of this; 3g was Europe, 4g US, and China are significantly ahead in the race towards 5g….read more