Lynas Capital (Lynas) is an independent fund manager based in Hong Kong. The firm was established by David Devine in 2002. He initially managed a private pilot fund for two years before launching the Lynas Asia Fund. Prior to founding Lynas, Devine was with Overlook Investments for ten years. For more on Overlook, you can see my post here. Devine’s twenty […]
Category: Investor Profiles
Perinvest Comments On China’s Sports Market
James Morton’s January letter is now available on the Perinvest website. One of the fund’s current holdings is 361 Degrees, a leading tier two domestic sportswear brand in China. The letter highlighted some interesting trends in China’s sports industry (some of the data and insights are actually based on a report published by KGI, the Taiwanese broker): China’s sports […]
CC Asia Focus Comments on V-Power
Coupland Cardiff’s Asia Focus Fund briefly discussed their stake in V-Power Group in the fund’s January update to investors. The investment team spent recently some time in Bangladesh where (amongst other things) they visited one of the company’s distributed power generation plants that “is of vital importance to the local economy [but] also highly profitable for V-Power.” The […]
Moerus Discusses GLP, Straits Trading
Moerus Capital Management (Moerus) is a New York-based investment management company founded in September 2015. The firm’s founding / management team comprises Amit Wadhwaney, John Mauro, Michael Campagna and Ian Lapley, all of whom previously worked at Marty Whitman’s Third Avenue Management. Moerus currently advises the Moerus Worldwide Value Fund, which has a deep value-oriented, go-anywhere investment […]
FSS Asia Investor Update (Jan ’17)
First State Stewart (FSS) Asia is an independent investment management team within First State Investments. The team manages ~US$21bn across a range of Asia Pacific equity strategies on behalf of both institutional and wholesale clients. One of their fund offerings is the listed Scottish Oriental Smaller Companies Trust, which I have profiled previously. The group recently published a […]
Highlights From OAM’s 2016 Letter
The 2016 annual letter for Overseas Asset Management’s Asian Recovery Fund is out. You can access and download it directly from their website. The fund of funds vehicle was founded in 1998 by Desmond Kinch and its NAV has compounded at 13.5% per annum since inception (vs. 5.2% per annum for the MSCI Asia ex-Japan). OAM has been […]
Coupland Cardiff: December Updates
Coupland Cardiff’s three open-ended Asian funds (Asian Evolution, Asia Alpha and Asia Focus) recently released their investor letters for December 2016. For more background, please see my post here. The full letters are available for download on the firm’s website, but below are some highlights: CC Asian Evolution Portfolio updates: Fund was up 3.2% for the year vs. a 5.4% […]
SumZero’s Top Stocks / Asia Cement
SumZero recently released its top stocks for 2017 report. It contains the ideas of the 5 winners and 10 runners up of the SumZero Top Stocks for 2017 Challenge, an investment research competition held in partnership with the Sohn Conference Foundation and Canalyst. You can download the report directly from their website (link is here). The report includes a number […]
Perinvest: FY 2016 Update
Perinvest’s Asia Dividend Fund recently released its full year update to investors. The letter includes a review of the results for 2016, updates on a number of holdings as well as the manager’s outlook for the coming year. Some highlights are included below, much of it paraphrased. For more on the fund and manager, please see my original post […]
Updates: Edgbaston, Wykeham…
Below are publicly disclosed portfolio updates by select value-oriented funds for December and January. The information is taken from filings made directly to the Hong Kong Stock Exchange. Edgbaston Partners: Employee-owned, long-only investment firm established in 2008 by Charu Fernando and partners to specialise in Asia Pacific ex-Japan equity investments. Recent publicly disclosed portfolio activity includes: 6 […]