The Kennox Strategic Value Fund’s 4Q 2017 report included some commentary on HK-listed Welling Holdings (see the excerpt below). Kennox is an Edinburgh-based wholly independent asset manager. Their team runs the Kennox Strategic Value Fund, a long only global equities portfolio. We have previously covered them on this website, see here and here for more. As […]
Author: offpisteblog
Tom Steyer Speaks At Stanford GSB
Tom Steyer, the founder and president of NextGen America, was a recent speaker at the Stanford Graduate School of Business. He discussed his early career experiences, the fight against climate change and also offered his reflections on leadership and the responsibility to give back. Prior to his current philanthropic work, Steyer was the founder of Farallon Capital, […]
Readings For The Week (7/1)
Bumper reading list this week. Enjoy! The $100 billion venture capital bomb: Softbank’s Masayoshi Son bets the Vision Fund — the biggest VC pool in history — on automation. The war for China’s wallet: Shaun Rein’s presentation at the FCC, Hong Kong. Deradicalisation schools: The Al-Hidayah Islamic Boarding School seeks to break the cycle of generational […]
Readings For The Week (31/12)
Final weekly reading list of 2017. Happy new year! Recalling Singapore’s forgotten unions: The long-ruling PAP first rose to power on the back of the working class – a once strong, now politically co-opted constituency. George Soros and the demonization of philanthropy: Conspiracy theories about him obscure the real concerns about how large-scale giving works today. The […]
BlueMountain: How Well Do You Compare?
Michael Mauboussin, the director of research at BlueMountain Capital Management (BlueMountain), has recently published some of his foundational work on how to compare effectively. It’s a pretty interesting read. Here is a brief excerpt from the introduction by Andrew Feldstein, BlueMountain’s chief investment officer: “we are in the business of making comparisons. If we want […]
Cartica Adds To Regina Miracle
Cartica Management, LLC (Cartica) recently added to their stake in HK-listed Regina Miracle International (Holdings) Limited (Regina Miracle). According to a filing submitted to the Hong Kong Stock Exchange on December 23rd, 2017, the firm bought 130,000 shares on the exchange at an average price of HKD 7.7424 on December 22nd (total consideration was ~US$129k). Following […]
Readings For The Week (24/12)
This week’s readings / links include a look at corporate funding for the Nutrition Society of Malaysia, Raghuram Rajan on central banks’ year of reckoning, thoughts on debt-trap diplomacy, inside China’s vast new experiment in social ranking and a conversation with Charlie Munger. Merry Christmas! In Asia’s fattest country, nutritionists take money from food giants: When […]
Farallon Trims Hongkong Chinese
Farallon Capital Management (Farallon) recently trimmed their stake in HK-listed Hongkong Chinese Limited (Hongkong Chinese). According to a filing submitted to the Hong Kong Stock Exchange on December 22nd, 2017, the firm sold 114,373,650 shares on the exchange at an average price of HKD 1.30 per share on December 19th (total consideration was ~US$19m). Following the […]
Silchester Adds To COSCO SHIPPING Ports
Silchester International Investors LLP (Silchester) recently added to their stake in HK-listed COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports). According to a filing submitted to the Hong Kong Stock Exchange on December 15th, 2017, the firm bought 2,500,000 shares off the exchange at an undisclosed price on December 15th. Following the purchase, Silchester’s stake in […]
An Hour With Platinum’s Kerr Neilson
Platinum Asset Management co-founder and chief executive Kerr Neilson was recently interviewed by Conexus chief executive Colin Tate as part of the launch of the 2017 Conexus Financial Absolute Returns Conference. The edited transcript was published in Investment Magazine, which you can find a link to here. Very good read if you have some time […]