Briarwood Capital Partners (Briarwood) recently trimmed their stake in HK-listed Zhong Ao Home Group (Zhong Ao). Based on a filing made to the Hong Kong Stock Exchange on July 29th, 2019, the firm sold 30.0m shares on the exchange at an average price of HKD 0.70 per share on July 25th. Following the sale, Briarwood’s stake in Zhong Ao […]
Month: July 2019
Readings For The Week (21/7)
This week’s readings/links include a macro update from Platinum Asset Management, a SumZero manager roundtable discussing rare earth metals in the US-China trade war, a wide-ranging podcast episode with John Hempton, BlackRock and Hargreaves Lansdown on maintaining the edge in an evolving market and Marshall Auerback on why billionaires are so interested in space. Trade […]
Readings For The Week (13/7)
This week’s readings/links include a new short report on Anta Sports Products by Muddy Waters Research, the Pangolin Fund’s June 2019 newsletter and recent interviews with Lei Zhang (Hillhouse Capital), Ross Beaty (Equinox Gold) and Mattias Westman (Prosperity Capital Management). Anta Part I – Turds in the punchbowl: New short report(s) from Muddy Waters Research. […]
GIC’s 2018 Annual Report
GIC, one of the three reserves management entities in Singapore, has recently published its 2018 annual report; you can download/read a copy here. The report contains sections on the portfolio distribution, intermediate performance markers, an overview of how the portfolio is managed and a feature article titled “Asia’s growing importance in the global economy and financial […]
Readings For The Week (6/7)
This week’s readings/links include Louis Gave on investing for a new Cold War, an update on the situation at Challenger Technologies, Matteo Fagotto on how Uzbekistan is slowly breaking free from the shackles of the past, James Crabtree on how China’s best response to US protectionism is more trade with other global partners and an […]
Notz Stucki 2019 Conference Highlights
Notz Stucki’s 2019 investment conference, which took place in June this year, featured in-depth presentations from Anatole Kaletsky (founder & co-chairman of Gavekal), Grace Lu (founder & CIO of LyGH Capital) and Markus Bihler (co-founder of Builders Union Asset Management). James Macpherson from Notz Stucki has written up some of the key insights/takeaways, but I also recommend […]