ABOUT THIS STRATEGY
This is an all-cap, high-conviction Asia Pacific ex Japan strategy focused on companies with strong franchises, high return on equity and management with a proven track record of execution. We believe that high-quality companies, if bought at the right price, should produce outperformance relative to the market over a three- to five-year time horizon.
Best Ideas Portfolio
We look to create a high-conviction Asia Pacific ex-Japan portfolio without significant constraints at sector or country levels. We seek to achieve a truly active portfolio strategy with a focus on stock picking as the main driver of relative returns, characterized by a low portfolio turnover and a disciplined approach, supported by fundamental in-house research.
Balance between Core and Dynamic Stocks
The strategy seeks to consist of a core of quality stocks, with emphasis on companies with consistently high return on equity, strong franchise position and sustainability of returns, low levels of debt and a proven record of management and governance. The strategy will be supplemented by an allocation to dynamic stocks with the aim to diversify performance drivers and generate strong relative returns across different market conditions and typically includes companies exhibiting “growth at reasonable price” (GARP) characteristics.
Our team comprises a depth of talent, with expertise across Asia Pacific ex Japan. Synergies arise from the collaborative research process, collegial environment and the constructive challenging of existing views.