Our funds
Asia Pacific
In Asia Pacific, each country has its own distinct culture and language. We travel regularly around the region and use these on-the-ground observations in our company analysis. We believe this makes us better-informed investors, with different perspectives to the crowd.
What we 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.
Meet the managers
Martin Lau
Managing Partner
Rizi Mohanty
Portfolio Manager
Global Emerging Markets
The global economy is increasingly being driven by emerging markets growth. We expect this trend to accelerate in the coming years. With our long-established investment process and decades of investing in the region, we have found plenty of high-quality companies in emerging markets – but taking an active approach is key.
What we 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.
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.
Meet the manager
Rasmus Nemmoe
Portfolio Manager
Greater China
The Greater China region includes the China, Hong Kong and Taiwan markets, each offering interesting growth opportunities for long-term investors. Our team has been investing in the region for more than 30 years, with unparalleled insights gained through our on-the-ground meetings with companies.
What we invest in
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.
Meet the managers
Martin Lau
Portfolio Manager
Helen Chen
Portfolio Manager
Winston Ke
Portfolio Manager
Indian Subcontinent
India’s large population, its rapidly developing cities and its rich history of trade are all contributing to its journey in becoming an economic powerhouse. We have spent the past decades building relationships with high-quality owners and managers in India and have identified, in our view, some of the best growth opportunities in the world.
What we invest in
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.
Meet the manager
Sreevardhan Agarwal
Portfolio Manager