Interesting (albeit somewhat promotional) recent article in the Philippine Star about the history and evolution of First Pacific as well as the decades-long friendship between Ed Tortorici and Manny Pangilinan. First Pacific was set up in 1981 in Hong Kong with an initial focus on investment banking and financial services. It was backed by the Salim family of […]
Category: Investor Profiles
Book Review: “East to West to East”
Randolph Kwei’s memoir “East to West To East” tells of a fascinating life story that spans multiple careers, continents and historic world events. The author grew up in the 1940s in a Shanghai under Japanese occupation, completed his studies and early training in the US and then eventually returned to Asia to help play a part in the economic development […]
James Hay On BFM
The straight-talking James Hay, manager of the Pangolin Fund, was a recent guest on BFM (an independent radio station in Malaysia). He discussed his outlook for Malaysia, positioning of the fund and the rise of passive investing. You can listen to the full podcast here. Some highlights below: He struck a cautious tone overall. Said that more […]
Chew Gek Khim On CNBC
Straits Trading’s executive chairwoman, Chew Gek Khim, was interviewed recently on CNBC Managing Asia. She discussed her career, the company’s evolution over time and her own vision for its future. You can watch the entire ~12 minute interview on the CNBC website (link here). Straits Trading is a Singapore-based holding company with primary investments in real estate, hospitality, […]
Doug Barnett: Versatile Investor
Quest Management (Quest) is a Bangkok-based fund manager with an exclusive focus on Thai stocks. The firm was founded by Doug Barnett in 1990 and currently manages the Thai Focused Equity Fund. The fund typically holds a concentrated portfolio of 8-14 stocks and the investment team works closely with the management teams of investee companies to create […]
Cheah Cheng Hye On Star Media
Cheah Cheng Hye, the founder of Value Partners, was a recent guest on Star Media’s Power Talks series. The event was held in Malaysia. He gave a speech about some of the lessons he has learnt over the course of his ~46 year career as both a journalist and an investment manager. He also answered audience questions on a wide range […]
Briarwood Adds To Zhong Ao Home Group
Briarwood Capital Partners (Briarwood) recently added to their stake in HK-listed Zhong Ao Home Group (Zhong Ao). According to a filing made to the Hong Kong Stock Exchange on March 23rd, 2017, the firm purchased 578,000 shares on the exchange at an average price of HKD 1.16 per share on March 22nd (total consideration was ~US$86,000). Following the purchase, Briarwood’s stake […]
Farallon Adds To Luzheng Futures
Farallon Capital (Farallon) recently added to their stake in HK-listed Luzheng Futures (Luzheng). According to a filing made to the Hong Kong Stock Exchange on March 17th, 2017, the firm purchased 499,000 shares on the exchange at an average price of HKD 1.743 per share on March 15th (total consideration was ~US$112,000). Following the purchase, Farallon’s stake in Luzheng […]
David Webb Buys More Kingmaker
David Webb recently added to his stake in HK-listed Kingmaker Footwear Holdings (Kingmaker). According to a filing made to the Hong Kong Stock Exchange on March 20th, 2017, he purchased 50,000 shares on the exchange at an average price of HKD 2.08 per share on March 15th (total consideration was ~US$13k). Following the purchase, Webb’s stake in Kingmaker […]
Li Lu’s 2015 Speech at Peking University
In October 2015, value investor Li Lu spoke to students at Peking University’s Guanghua School of Management on the prospects for value investing in China. He is the founder of Himalaya Capital, which manages a fund that focuses on public securities and privately held companies in both Asia and North America. Berkshire Hathaway vice-chairman Charlie Munger is an […]