FengHe Asia (USTE) Fund Ltd A
FengHe Asia Fund is a Cayman Islands incorporated long/short equity fund investing in listed equities of Asian companies. It invests in 50-70 names with total gross exposure between 70-140%. Short positions are for alpha generation. Core themes are China, Technology and Southeast Asia. It uses a fundamental bottom-up position building approach. It has low correlation to market indices (MCSI AXJ) and has delivered outperformance in all down months through a disciplined stop-loss process. Why this Fund ?
- 1. No negative year since inception and strong stop loss discipline
- 2. Large AUM of USD 1.1b with 10% owned by the Partners
- 3. Famous Partner Matt Hu who began his career in 1990 and is one of the pioneer institutional asset managers in China
Fidelity Global Focus - A(USD) ACC
The Fidelity Global Focus fund invests in highly liquid Global listed equity shares, including emerging markets. . The Fund is an actively managed concentrated portfolio with no restriction in stock selection based on company size, industry or location. The fund tracks its performance against MSCI ACWI Index (Net) since the Index constituent represents the type of companies it proposes to invest in. The investment process is fundamental and based on in-depth understanding of global value chains, and research by Fidelity’s large inhouse team. The three sectors the portfolio is most exposed to are IT, Consumer Discretionary and Financials with most investment in Index equivalent/ large cap companies (USD > 10bn). The portfolio is US focused and includes companies like Microsoft, Alphabet Inc, Apple and Amazon.
Allianz Thematica - AT(USD) ACC
The Thematica fund invests in the global listed equities. It is a thematic fund looking at investing in companies associated with structural shifts (such as digital life, clean water, health tech, etc.) for long term capital appreciation. The fund is not constrained by sector, industry, or geography. It invests primarily in the U.S. & other developed markets, with a maximum of 50% assets allocation to emerging markets. It is suitable for investors who wish to invest their capital for the long term and have a risk appetite.
Fidelity Emerging Markets -A ACC
The Emerging Markets Fund invests in liquid listed equity shares in emerging markets. The Fund is an actively managed concentrated portfolio (around 50 holdings). The fund tracks its performance against MSCI Emerging Markets Index (Net) since the Index constituent represents the type of companies it proposes to invest in. The investment process is fundamental and based on in-depth understanding of global value chains, and research by Fidelity’s large inhouse team. It invests at least 70% in markets experiencing rapid economic growth i.e. Latin America, South East Asia, Africa, Eastern Europe (including Russia) and the Middle East . The fund favours companies that exhibit strong & sustainable returns, good balance sheets and hold strong market position. The Fund also invests at least 30% in onshore China A and B Shares (directly or indirectly). It incorporates a bottom-up approach and tracks macroeconomic trends on a regular basis. The three sectors the portfolio is most exposed to are IT, Consumer Discretionary and Financials.
Progress India Opportunities Fund
PIOF is a USD denominated Long Only absolute return India equities fund with a differentiated strategy, focused on the most secular part of Indias story the rise of consumer spending. The Funds objective is to offer sustainable alpha over the long term. PIOF is managed by Progress Asia Capital Advisors Pte Ltd which is incorporated in Singapore and regulated by the Monetary Authority of Singapore (as a Registered Fund Management Company).
Consistent Compounder is an actively managed long only & unleveraged equity strategy structured as a Kristal Fund (supported by sub-advisors). The portfolio comprises 10 -15 diversified global publicly listed equities (10-20% allocation each) with a strong technology bias. Selection depends on a strong competitive advantage and healthy earnings growth as well as resilience to regulatory issues, commodity cycles & inflation. Holding period is medium term.
Nuvest JN Asia Infrastructure Fund
The investment objective of this fund is to earn a superior risk adjusted total return through a mix of long term capital appreciation and cash yield by investing in infrastructure companies across the Asia-Pacific universe using an index-unconstrained concentrated portfolio approach. This strategy is ideal for investors looking to gain exposure to infrastructure companies and have a long term time horizon. This fund is managed by Nuvest Capital.
Nikko AM Asean Equity Fund
The ASEAN equity fund invests primarily in listed exchange traded equities of corporations whose businesses are significantly focused on ASEAN (Southeast Asian) countries. The investments are broadly diversified with no specific industry or sectoral emphasis. Though not fixed, Singapore & Thailand are approximately 50% of the exposure given the relative size of their economies and stock markets. The Fund believes in Active Management and a fundamental research driven approach. It is suitable for investors who are bullish on ASEAN economies and seek medium to long term capital appreciation.
CapCapital is an actively managed long only & unleveraged equity strategy structured as a Kristal Fund (supported by sub-advisors). The portfolio comprises 20 -25 diversified global publicly listed equities (5-10% allocation each). Selection depends on a strong competitive advantage (visible moat) and healthy earnings growth determined through a bottom-up analysis using financial & operational metrics. Sectors are technology, finance & consumer and holding period is expected to be medium term.
United Global Quality Growth (USDHDG) ACC
The fund invests in equity and equity related securities of companies listed and traded on stock exchanges globally and is not constrained by market capitalisation, country, sector or industry. The companies it seeks to invest in typically have market capitalisation exceeding US$3 billion with sufficient trading volume. The fund employs a bottom-up investment approach to identify companies based on a balance of metrics such as quality, growth, valuation and capital returns.
Allianz China Class A Shares AT Fund
The China A-shares fund invests at least 70% of its portfolio in China A-Shares, i.e. Mainland China’s domestic markets via the FII regime and the Stock Connect. Balance may be invested in related stocks such as China B/ H shares or other Emerging Markets. It is exposed to associated risks including RMB exchange rate volatility, changes in rule and regulations, capital controls, etc. The fund believes in fundamental analysis & active management and aims at long term capital growth to outperform its benchmark- the MSCI China A Onshore Total Return Index. The portfolio is well diversified across industry sectors. It is suitable for investors bullish on the Chinese stock markets.
Nikko AM Singapore Dividend Equity Fund
The Singapore Dividend Equity fund invests primarily in equities listed on the Singapore Stock Exchange offering attractive and sustainable dividend payments together with a potential for long term capital appreciation. The fund may also invest a small percentage in equities listed outside of Singapore with similar characteristics. The portfolio is structured to provide monthly distributions of 5-7% per annum, though investors may suffer short to medium term volatility in principal value. The fund has received multiple awards in the recent past and does not seek to outperform any benchmark.
Alpha Quest Active Equity Strategy
AQ Active Equity Strategy invests in Global Equities on a Long/Short basis to deliver attractive risk adjusted returns with a medium to long term horizon. The strategy is country and sector agnostic, providing the flexibility to generate ideas with no bias towards a specific industry, region or theme. The investment process uses a systematic approach to narrow down the investment universe and then uses fundamental analysis to identify the best ideas with asymmetric payoff. The strategy uses robust risk management tools to manage position sizes, lower correlation to the market and to optimize portfolio mix. The strategy aims to target mid-teen returns with lower volatility and drawdown as compared to the benchmark, Vanguard Total World Stock Index (VT). The strategy is reviewed and rebalanced periodically to make sure that diversification of risk exposures is maintained, with the best ideas being awarded the highest capital allocation.
Capcapital Alpha 8
This strategy will invest in public listed equities. The strategy will aim to generate absolute returns through holding concentrated positions in a select few businesses with high growth. This Kristal will construct and manage a concentrated portfolio of 8-12 holdings to achieve best absolute returns in a three year rolling period.
This is a long only strategy which will primarily invest in global public equities listed in the United States. The strategy will aim to capture next generation businesses showing good growth, performance and fundamentals at a portfolio level. Though the strategy is sector and market capitalisation agnostic it may have a higher weightage to technology and large caps. This Kristal will construct and manage an optimally diversified portfolio of 10 -20 holdings as multi year investments that will thrive in the long term.