Defence vs. Offence

The post-Cold War order is fading, giving way to a more friction prone, multipolar world. We outline what this means for portfolios, our defence exclusions, and how we’re positioned for quality and resilience.

12 February, 2026
4 mins

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Our investment philosophy has remained broadly unchanged for more than thirty years. We focus on identifying quality companies, buying them at a sensible price and holding for the long term.

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As long-term investors, we uphold the highest standards of responsible investment, guided by the principles of human rights, environmental stewardship and adherence to international norms.

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FSSA Investment Managers are specialists in Asia and Global Emerging Markets. With our conservative, long-term investment approach, we seek to invest in quality companies, focusing on capital preservation as well as long-term capital growth.

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Our team members come from diverse backgrounds and speak a number of local languages and dialects. We encourage different perspectives, backed by solid analysis, which contributes to the quality of our company research.

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We believe that looking at things differently is more important than following the herd or tracking an arbitrary index. We are looking for people who have a passion for business and investing to join the team and provide a different perspective on companies.