James Morton’s April letter for the Asia Dividend Equity Fund is now available for download from the Perinvest website. You can find our previous commentary on and coverage of the fund here. Brief highlights below (paraphrased): NAV rose by 1.6% in April and the fund is now up 17.6% YTD. 40% of the portfolio is in real estate and […]
The Investors Podcast: Jim Rogers
Jim Rogers was interviewed on The Investors Podcast earlier this week. Rogers is currently a private investor based in Singapore. Earlier in his career, he co-founded the Quantum Fund with George Soros (they were previously colleagues at Arnhold and S. Bleichroeder). He did well enough to retire in 1980, after just seven years at the fund, and has […]
Readings For The Week (21/5)
This week’s readings include a look at the rapidly growing mobile payments space in China, the Pangolin Fund’s latest investor letter, David Webb on the “Enigma Network” (the 50 HK-listed companies not to own) and an interview with legendary journalist James Pringle on the history and future of Southeast Asia. Cashing in, while cash is on […]
Interview With Saurabh Mittal
Saurabh Mittal is the founder and chairman of Mission Holdings, a private investment firm based in Singapore. The firm makes long-term investments in public and private markets globally, with a primary focus on the financial services, media, real estate and technology sectors. The firm’s current portfolio includes ONE Championship, Incedo, BSI Financial Services, GoldCo and SelfScore. Mittal […]
Wykeham, Webb Add To Ming Fai
Wykeham Capital Limited (Wykeham) increased their stake in HK-listed Ming Fai Group (Ming Fai). According to a filing made to the Hong Kong Stock Exchange on May 18th, 2017, the firm bought 2,662,000 shares on the exchange at an average price of HKD 1.179 per share on May 17th (total consideration was ~US$565,000). Following the purchase, […]
Taro Aso At Columbia Business School
Columbia Business School’s Center on Japanese Economy and Business recently hosted a special lecture event featuring Taro Aso, Japan’s deputy prime minister. The session took place on April 19th in New York, shortly after Aso had hosted the US vice president Mike Pence in Tokyo for a bilateral economic dialogue. Some highlights below: He said that Japan […]
Corporate Governance Trends In South Korea
Petra Capital Management (Petra) have published an interesting presentation on opportunities for international investors in Korea and recent corporate governance trends in the country. The document also includes three detailed investment case studies on Samho Development, KyungDong City Gas and GS Home Shopping. You can access and download the presentation directly from their website (link here). Petra is an […]
Interview With Betterment CEO Jon Stein
Jon Stein was recently interviewed on the Knowledge@Wharton show (you can find the link to the podcast and transcript here). Stein is the founder and CEO of Betterment, a robo-advisory platform that provides fully automated trading and investment solutions. The company uses algorithms to recommend investments based on individual customer preferences, levels of risk tolerance and financial goals. […]
Richard Elman: “Long, Hard Slog” Ahead
Richard Elman famously named his company after Noble House, James Clavell’s novel about a British trading house in colonial-era Hong Kong (Clavell himself was inspired by the story of Jardine Matheson). Elman likely imagined himself as Ian Dunross, the book’s main character, but it is his current successor who is probably going to feel most like Dunross did at the start of the […]
Readings For The Week (14/5)
This week’s readings include Matthew Klein on the case for Japanese equities, Andrew Clifford on his takeaways from a recent business trip to China, Tren Griffin on the Internet bubble of 1999-2001, why Canadian asset managers are investing heavily in India and a Q&A session with Eric Schmidt at the Stanford GSB. US stocks too expensive? Consider Japan: FT Alphaville’s […]