Our funds

Greater China

China as the second largest economy in the world with Hong Kong and Taiwan as key regional markets offers interesting growth opportunities. 

Consumer companies

We believe consumer companies should benefit from rising incomes, and can offer good growth potential over the long term.

Healthcare companies

China spends a relatively low amount on healthcare and this has room to grow. We believe that companies providing drugs and medical services should benefit from an increased focus on healthcare and wellbeing.

High-quality banks

We believe banks should benefit from similar drivers to consumer companies above, as incomes rise and more people start using banking services.

Technology companies

We believe an increased focus on research and development should lead to technology champions. Domestic manufacturers could benefit from the trend towards bringing production back to China.

About the strategy

When we invest in a particular region, we refer to this as a ‘strategy’.

China is evolving, with the market developing, driven by increasing innovation; it is no longer just about state-owned companies. 

Meet the managers

Martin Lau

Managing Partner

Helen Chen

Portfolio Manager

Winston Ke

Portfolio Manager

Asia Pacific

With the rise of a newly emerging middle-class, the Asia Pacific region provides attractive companies to invest in.

Consumer companies

As the region has large populations that are still growing – particularly in Southeast Asia and India – we believe consumer companies can offer good growth potential over the long term.

Healthcare companies

Many countries in Asia spend less on healthcare compared to the global average. As countries become richer, we expect people to spend more on healthcare and wellbeing.

High-quality banks

We believe banks should benefit from similar drivers to consumer companies above, as incomes rise and more people start using banking services.

Technology companies

As the world embraces a digital future, we believe Asian technology firms should benefit. At the same time, lower-cost robots allow manufacturers to automate their processes.

About the strategy

Home to 60% of the world’s population, the Asia Pacific region is well positioned to benefit from growth opportunities.

Meet the managers

Martin Lau

Managing Partner

Richard Jones

Director

Rizi Mohanty

Portfolio Manager

Indian Subcontinent

With one of the largest populations in the world and increasing levels of people living in cities, India makes an attractive investment destination for long-term growth.

Consumer companies

We believe consumer companies should benefit from rising incomes and can offer good growth potential over the long term.

Infrastructure suppliers

With greater need for better quality infrastructure, such as roads and houses, we believe that suppliers, such as paint and cement companies, will benefit.

High-quality banks

We believe high-quality private banks should continue to benefit from the increase in financial services across India. They should continue gaining market share at the expense of poorly run banks owned by the government.

Changes in management

We believe in paying close attention to changes in management and ownership, especially in attractive businesses undergoing temporary periods of difficulty. This can often lead to transformations in the business and generate significant value for investors.

About the strategy

As one the oldest stock markets in the world, India offers attractive long-term growth opportunities as the economy continues to develop.

Meet the manager

Vinay Agarwal

Director

Global Emerging Markets

Tap into some of the world’s fastest-growing markets by investing in high-quality companies across Global Emerging Markets.

Consumer companies

As the region has large populations that are still growing – particularly in Southeast Asia and India – we believe consumer companies can offer good growth potential over the long term.

High-quality banks

As income levels rise, we believe people in emerging markets will increase their use of banking services.

Internet and technology companies

Rising smartphone usage, young populations and large pools of workers have led to new markets for technology platforms. We believe market leaders will continue to increase their user numbers and generate long term growth.

About the strategy

Investing in Global Emerging Markets requires applying a different mind-set to each individual country.

Meet the manager

Rasmus Nemmoe

Portfolio Manager

Japan

Dive into the Japan market and uncover high-quality companies that are decoupled from the broader economy.

“Hidden gems” that are able to grow despite the weak economy

We aim to uncover high-quality companies that can sustain strong and consistent growth. Often, these companies incorporate some combination of new technology, new ideas of doing things, or overseas businesses.

Companies in industries with few competitors

In industries with just one or two companies, the best companies tend to maintain their market position as there are no significant rivals to compete with. We believe this will lead to sustainably high returns for investors.

Automation companies

As robots become smarter and less costly, manufacturers have started to use them to address shortages of workers while improving efficiencies at the same time.

Consumer companies

Japanese consumer brands benefit from a strong following in the Asia Pacific region, with Chinese consumers in particular forming a large market for “Made in Japan” products.

About the strategy

We believe Japan offers many high-quality companies that are unrelated to the health of the global economy.

Meet the manager

Sophia Li

Portfolio Manager