This week’s readings include a BCG report on the Chinese internet, thoughts on why indices lead investors astray, how Japan is counting on shareholder activism to improve its economy, the latest opinion piece from Andy Xie and a new report on Asia from KKR. Decoding the Chinese internet: BCG, together with Alibaba and Baidu, explore how […]
Category: Readings
Cable Car Capital’s “Late” 2017 Letter
Jacob Ma-Weaver of Cable Car Capital has published his latest investor letter, which is worth a read. You can access and download it here. It includes a detailed discussion of his firm’s longtime holding, Pangaea Logistics (PANL). He also briefly discussed NetDragon Websoft, which he feels trades at a reasonable valuation given its “assets, cash […]
Activist Insight: Activist Investing In Asia
Activist Insight have recently published a report called “Activist Investing in Asia” in collaboration with their sponsors, Computershare and Misaki Capital. It provides an overview of recent activism trends across Asia, including the role of governments, domestic players as well as some data on the success rate of activists. You can download the report for […]
Readings For The Week (1/10)
This week’s readings include the August newsletter from the Komodo Fund, a conversation with Grant Williams of Real Vision TV, a look at how private equity in Asia is changing, why a China-owned port in Sri Lanka could alter global trade routes and a review of a new exhibition of Southeast Asian artists at the […]
Readings For The Week (24/9)
A bumper edition of readings and videos this week. Enjoy! “Without the prison, the beatings, what would I be?”: The Guardian interviews Ai Weiwei, the Chinese contemporary artist and activist. The college lecture is dying: First of a four-part series exploring the tech-driven future of higher education in America. The case for stock buybacks: Professor […]
RVAM: Corporate Governance Challenges In Asia
River Valley Asset Management (RVAM) have published their September 2017 newsletter, which is available here. RVAM is a Singapore-based boutique asset management firm (their flagship fund is the River Valley Core Compounding Fund, launched in 2014). The firm was founded by Homiyar Vasania, who was previously part of Morgan Stanley’s emerging markets investment team. In […]
CC Asia Focus: August Update
Coupland Cardiff’s Asia Focus Fund recently published their letter for August, which you can access via their website. The fund is managed by Charlie Erith and focused on small and mid cap listed equities in the Asia ex Japan market. The latest update includes commentary on Venture Corporation, TK Group and China MeiDong and some […]
Arisaig’s August Diary
Arisaig Partners recently published their investor update for August, which is available for download from their website. Their Asia Consumer Fund is now up 34.8% year to date. The latest letter includes commentary on their holdings in Bangladesh, China and South Korea. Some highlights below (paraphrased): Dali Foods: Strategy is to move its traditional, mass-market portfolio […]
Readings For The Week (17/9)
This week’s readings / videos include a talk by Michael Vatikiotis on power and conflict in modern Southeast Asia, a roundtable discussion on the future of bitcoin, the latest shareholder update from Symphony International Holdings, summary notes from the 2017 Delivering Alpha conference and an interview with Liu Qiangdong, the founder of JD.com. Power and […]
Readings For The Week (10/9)
This week’s readings include Michael Pettis on some potential flaws in how China both calculates and reports GDP numbers, Evan Osnos on the risk of nuclear war with North Korea, George Monbiot on why Aung San Suu Kyi should have her Nobel Prize revoked, David Dodwell on the choke points in the world’s food supply […]