Bumper reading list this week. Enjoy! Xero: John Hempton explains what the company does and why it has such potential. Investment outlook: James Macpherson of Notz Stucki on the firm’s Q3 outlook. SIHL: Shareholder update for 1H 2018. Australia’s China reset: The rest of the world is watching how [Australia] counters Beijing’s campaign of influence. Trends […]
Author: offpisteblog
Interview With Kerr Neilson
Platinum Asset Management have posted the transcript of a recent interview with Kerr Neilson, the firm’s founder, conducted by Mark Draper from GEM Capital. Neilson answered questions about his long-standing career in fund management and what he has learnt along the way. Some highlights below, but the full interview is worth reading (direct quotes are […]
Readings For The Week (18/8)
This week’s readings include Coupland Cardiff’s Rory Dickson on finding investment opportunities in less well-known (Asian) markets, Ashmore on emerging market contagion and how to trade it, Bill Ehrman’s latest market commentary and outlook, David Swensen on how the NYSE is putting its own interest ahead of investors’ and a look at Jakarta, the fastest-sinking […]
Hillhouse Discloses Stake In China Tower
Hillhouse Capital Management (Hillhouse) recently disclosed a stake in Hong Kong-listed China Tower Corporation Limited (China Tower). According to a filing submitted to the Hong Kong Stock Exchange on August 13th, 2018, Hillhouse bought 2,522,704,000 shares on the exchange at an average price of HKD 1.2601 per share on August 8th (the total consideration was ~US$400m). […]
Brandes Adds To First Pacific (+Q2 Notes)
Brandes Investment Partners (Brandes) recently added to their stake in Hong Kong-listed First Pacific Company Limited (First Pacific). Based on a filing submitted to the Hong Kong Stock Exchange on August 8th, 2018, Brandes bought 3,514,262 shares on the exchange at an average price of HKD 3.62 per share on August 6th (the total consideration was ~US$1.6m). […]
Readings For The Week (11/8)
This week’s readings include a discussion about JD.com with Dennis Hong and Michael Lamothe of ShawSpring Partners, Jesse Friedlander on why Chinese demand for offshore property investment will rebound, RVAM’s July 2018 newsletter on trends and opportunities in ASEAN cement, an interview with Cédric Dingens of Notz Stucki and a market update from Platinum’s Andrew Clifford. […]
Karst Peak Reports Qeeka Stake
Karst Peak Capital Limited (Karst Peak) has reported a notifiable interest in Qeeka Home (Qeeka). The shares were purchased through participation in Qeeka’s recent initial public offering. Based on Karst Peak’s filing dated 19th July, 2018, they own a ~5.35% stake in the company. The 64.7m shares were acquired at an average price of HKD […]
Readings For The Week (22/7)
This week’s readings include the latest Sinology piece by Andy Rothman (Matthews), an interview with Steve Bannon from the recent Delivering Alpha conference, how a US-backed university in Vietnam unleashed old demons, Andy Xie on why escalating the US trade war is not in China’s interest and thoughts on poverty alleviation from Luis Miranda. Is […]
Readings For The Week (15/7)
This week’s readings include updates from Andrew Clifford (Platinum), the investment team at British Empire Trust and Jan Dehn (Ashmore). Also, James Crabtree on the rise of India’s super-rich and Stan Miranda (Partners Capital) on how technology will affect active investing. Macro overview – June 2018: Latest journal entry from Andrew Clifford. The staggering rise […]
Readings For The Week (8/7)
This week’s readings / links include the Axiom Asia team on Xi thought and what it means for investors, Daniel Bessner on the George Soros philosophy and its fatal flaw, River Valley Asset Management on the opportunity in tobacco stocks, David Webb on the HK housing market and Hugh Peyman discussing his new book (China’s […]