Amorepacific Chairman On CNBC

Amorepacific chairman Suh Kyung-bae was on CNBC recently to talk about the company’s history and current expansion plans. Amorepacific owns 27 beauty and skincare brands and is the second largest cosmetics player in Asia after Shiseido. The company’s shares have been held by a number of the funds covered on this website, including the Scottish Oriental Smaller Companies Trust, […]

Readings For The Week (28/5)

Longer than usual reading list this week. Enjoy! Flying high: VinaCapital on how aviation has become one of Vietnam’s fastest growing sectors. The bankruptcy of modern finance theory: Dan Rasmussen says that active investment management does not work for investors because it was not designed to benefit them. LeapFrog targets private equity gains in Africa and Asia: An interview […]

FCC HK: A Conversation With Allan Zeman

The Foreign Correspondents’ Club in Hong Kong recently hosted a conversation with Allan Zeman on the political, economic and commercial future of the city. He discussed the prospects for the new administration, shared his advice for Hong Kong’s youth and reflected on the 20th anniversary of the handover. He also answered questions from the audience in attendance. Zeman […]

CFA’s Paul Smith: Reasons To Believe

Paul Smith, the president and CEO of CFA Institute, recently spoke at the 70th CFA Institute Annual Conference in Philadelphia. He pushed industry professionals to revisit the question “What is finance for?” and discussed some of the challenges facing the investment management profession today. He also outlined the four steps the profession must take to address these challenges, including: Revising current […]

HK Hedge Funds Moving Out Of Central

Interesting article in Bloomberg yesterday on how hedge funds in Hong Kong are being squeezed out of Central as a result of higher rents coupled with industry-wide fee pressures. Apparently, more funds are now moving their offices out to “suburban” areas such as Wong Chuk Hang, Cyberport and Tin Hau because of affordability and unit economics […]

Tim Orchard’s Outlook For Asian Markets

Tim Orchard, Fidelity International’s chief investment officer for the Asia Pacific ex-Japan region, spoke briefly with last week at a London forum organised by his firm. It wasn’t a particularly detailed conversation, but you can find the highlights here. You can also find the firm’s note on its outlook for Asia Pacific ex-Japan in 2017 here (published in December 2016). Some excerpts […]

Perinvest: April Update

James Morton’s April letter for the Asia Dividend Equity Fund is now available for download from the Perinvest website. You can find our previous commentary on and coverage of the fund here. Brief highlights below (paraphrased): NAV rose by 1.6% in April and the fund is now up 17.6% YTD. 40% of the portfolio is in real estate and […]

The Investors Podcast: Jim Rogers

Jim Rogers was interviewed on The Investors Podcast earlier this week. Rogers is currently a private investor based in Singapore. Earlier in his career, he co-founded the Quantum Fund with George Soros (they were previously colleagues at Arnhold and S. Bleichroeder). He did well enough to retire in 1980, after just seven years at the fund, and has […]

Readings For The Week (21/5)

This week’s readings include a look at the rapidly growing mobile payments space in China, the Pangolin Fund’s latest investor letter, David Webb on the “Enigma Network” (the 50 HK-listed companies not to own) and an interview with legendary journalist James Pringle on the history and future of Southeast Asia. Cashing in, while cash is on […]