Symphony International Holdings Limited have recently published their 2017 annual report (also embedded below). They are a publicly listed strategic investment company focused primarily on high-growth sectors – healthcare, hospitality, lifestyle and branded real estate – that stand to benefit from the rising disposable incomes of Asia’s increasing, and increasingly aspirational, population. Decent read for an overview […]

This week’s readings / links include the case of Hong Kong’s missing booksellers, a wide-ranging conversation with Prince Mohammed bin Salman, the latest journal entry from Kerr Neilson, Ben Thompson on the story of Windows’ decline and an interview with Yi Wang of Liulishuo. The case of Hong Kong’s missing booksellers: As Xi Jinping consolidates power, owners […]

Some excellent content this week. Enjoy! Same tiger, different stripes: India’s economic drivers are strong but shifting. Facebook, Big Brother and China: The political and media furore over external use of Facebook data misses the point. The Vietnam War: A lesson in the geopolitics of Southeast Asia. Activist investors say their voices are being heard by Japan Inc: […]

This week’s readings / links include a recent speech by Kevin Rudd on understanding China’s rise under Xi Jinping (excellent read), business lessons from Jack Ma, an interview with GMO’s Jeremy Grantham, a look at the last days of Whitney Tilson’s Kase Capital and a conversation with Ed Thorp. Understanding China’s rise under Xi Jinping: […]

This week’s readings / links include a profile of Teresa Barger (Cartica Management), Ben Thompson on Dropbox, thoughts on China’s development trajectory, an update from the Scottish Oriental Smaller Companies Trust and a conversation with Jerry Yang. Where (most) activists fear to tread: Teresa Barger, co-founder of Cartica Management, explains why her firm applies activist investing […]

This week’s readings / links include a look at the accuracy of media reporting on China’s investment activities in Africa, Connie Chan on the narrative of “China vs. the U.S.” as a zero-sum game, Oasis Capital Management’s bet on Japan’s pro gaming scene, a special report on how Hindu nationalists are trying to assert their […]

RIT Capital Partners have published their 2017 annual report. To download it, please click here. Always an interesting read, especially Lord Rothschild’s letter to shareholders. They tend to be fairly conservative investors and have a good track record in terms of protecting capital, so it’s useful to keep an eye on the asset allocation and […]

This week’s readings / links include an opinion piece from Hugh Young of Standard Aberdeen, thoughts on economic “reform” in Xi’s China, a look at Dymon Asia’s new hiring initiative, SoftBank’s investment process and an interview with Chamath Palihap­itiya. Also, Kerr Neilson is stepping down as the CEO of the Platinum Group. Asia provides tantalising glimpse […]

The 2017 annual letter for Overseas Asset Management’s Asian Recovery Fund is now out. You can access and download it directly from the firm’s website. As usual, Desmond Kinch’s letter contains lots of interesting insights and ideas for discussion, so reading it is well worth your time. To see our coverage of last year’s letter, please click here.  […]

This week’s readings / links include Graham Duncan’s framework for the investing game, a short interview with Stephen Diggle, a look at Alibaba’s accounting, more from Dan Rasmussen on private equity and a review of Steven Pinker’s Enlightenment Now. Also, if you haven’t already read it, click here for the latest Buffett letter (published this […]