JSH Venture Holdings, a subsidiary of Jardine Strategic Holdings Limited (Jardine Strategic), announced on June 2nd that it has taken a stake in Greatview Aseptic Packaging (Greatview). Based on the filing submitted to the Hong Kong Stock Exchange, JSH Venture purchased 296,177,741 ordinary shares, which represents approximately 22.15% of the issued share capital of Greatview, at an average […]
Readings For The Week (4/6)
This week’s readings include the first quarter letter from Petra Capital Management, the BBC on “karoshi,” an Economist special on overfishing, Balaji Srinivasan’s thoughts on tokens and a dozen insights from Charlie Munger from the 2017 Berkshire annual meeting. Q1 2017 letter: Market update and commentary from Petra Capital Management. The young Japanese working themselves to death: Japan has some of the […]
Graham & Doddsville: Spring 2017 Issue
The latest edition of the Graham & Doddsville newsletter is out. The publication is put together by the students of Columbia Business School. You can download and read a copy here. The Spring 2017 issue includes interviews with A. Rama Krishna (ARGA Investment Management), Cliff Sosin (CAS Investment Partners) and Chris Begg (East Coast Asset Management). It […]
FT Interview With Ruchir Sharma
Interesting profile of Ruchir Sharma in the FT this past week. He is the is Head of Emerging Markets as well as Chief Global Strategist at Morgan Stanley Investment Management. Sharma grew up in India and got his start writing a weekly column for The Observer and, later, the Economic Times of India. In 1996, he was recruited by Morgan […]
Quarz Capital Goes Activist On HG Metal
Here is a potentially interesting activist situation at play in Singapore. Quarz Capital Management (Quarz) recently published an open letter to the board of directors of HG Metal Manufacturing (HG), an SGX-listed stockist and manufacturer of steel products. Based on their analysis, HG’s shares are trading at a “fire-sale” discount of ~60% to the company’s […]
Andrew Foster On Money Life
Andrew Foster, the founder and CIO of Seafarer Capital Partners (Seafarer), was a recent guest on the Money Life podcast. Seafarer is an investment adviser focused on emerging markets. The firm was founded in 2011 and currently offers two funds: Overseas Growth and Income and Overseas Value. Foster was previously at Matthews International Capital Management. […]
2017 London Value Investor Conference Notes
The folks over at Market Folly have posted their notes from the sixth annual London Value Investor Conference, which took place on the 25th of May. You can find the link to their full coverage of the speaker sessions here. This year’s conference was perhaps unusual in that featured a relatively high proportion of Asian or […]
Amorepacific Chairman On CNBC
Amorepacific chairman Suh Kyung-bae was on CNBC recently to talk about the company’s history and current expansion plans. Amorepacific owns 27 beauty and skincare brands and is the second largest cosmetics player in Asia after Shiseido. The company’s shares have been held by a number of the funds covered on this website, including the Scottish Oriental Smaller Companies Trust, […]
Readings For The Week (28/5)
Longer than usual reading list this week. Enjoy! Flying high: VinaCapital on how aviation has become one of Vietnam’s fastest growing sectors. The bankruptcy of modern finance theory: Dan Rasmussen says that active investment management does not work for investors because it was not designed to benefit them. LeapFrog targets private equity gains in Africa and Asia: An interview […]
FCC HK: A Conversation With Allan Zeman
The Foreign Correspondents’ Club in Hong Kong recently hosted a conversation with Allan Zeman on the political, economic and commercial future of the city. He discussed the prospects for the new administration, shared his advice for Hong Kong’s youth and reflected on the 20th anniversary of the handover. He also answered questions from the audience in attendance. Zeman […]