Citywire Euro Stars Top Manager 2017
The Asia Pacific ex Japan Equity strategy aims to outperform its benchmark, MSCI All Countries Asia ex Japan Index, by at least 3% per annum over a three-year rolling period. It targets high returns and long term capital growth by investing in a portfolio of primarily equity and equity-related securities traded in Asia Pacific markets, excluding Japan.
The Asia Pacific ex Japan Equity strategy targets strong excess returns through fundamental bottom-up stock selection, within an integrated top-down macro framework.
TT believes that market inefficiencies exist at both the country and stock level. We believe that by carrying out in-depth bottom-up fundamental analysis on stocks, together with detailed top-down economic and sector comparisons, we can identify and exploit these inefficiencies wherever they arise. However, our main source of alpha generation has been and should remain bottom-up fundamental stock selection. We believe that the best returns are achieved by investing in leading Asia Pacific companies, operated by honest and competent management in industries that are structurally attractive. We retain a strong valuation focus with a belief in intrinsic value.
Portfolio construction is the synthesis of idea generation, conviction and risk management. The strategy will typically hold between 50 and 60 stocks, with an active share of typically 75-85%.
The following aspects of our investment process provide an edge and set the TT proposition apart from the competition:
Citywire Euro Stars Top Manager
Duncan is Portfolio Manager of our Asian Equity Strategy. He is also a member of our Ideas Factory, focussing on the Pan-Asian Financials sector. Before joining TT in 2014, Duncan was a Senior Portfolio Manager of the Global Emerging Markets Fund at USS Investment Management. He graduated from the University of Bristol with a BSC in Economics and Finance. Duncan is also a CFA Charterholder.
Read some of Duncan Robertson's articles and insights in our 'What We Think' section.
Marco is Portfolio Manager of our China Focus Equity Strategy and a Mining Analyst. Before joining TT in 2013, he was in the Asian Equity Team at Manulife Asset Management. Marco graduated with a BBA from Wilfrid Laurier University and is also a CFA Charterholder.
Read some of Marco Li's articles and insights in our 'What We Think' section.
Patrick Lin is a Senior Analyst covering the Consumer sector across China, and supporting research efforts on the Renewables sector. Prior to joining TT in 2021, Patrick was an Investment Analyst at J.P. Morgan and Capital Group in Hong Kong, before working as an Investment Analyst at Balyasny Asset Management, where he covered the Consumer, Airlines, Media and Agriculture sectors. Patrick has an MA in Management from London Business School and a BA in Technology Management from National Taiwan University.
Olivia is an Analyst covering Chinese Health Care and Industrial companies. Olivia graduated with a Master’s Degree in Global Political Economy from the Chinese University (HK), after earning a Bachelor’s Degree in Actuarial Science from Southwestern University of Economics in Chengdu. Olivia joined the finance industry as an Analyst in the management department of Industrial and Commerce Bank of China. She then went on to join Taikang Asset Management, a fundamental long-only fund where she was an Investment Analyst covering Chinese Equities for six years.
Diego Mauro is an Emerging Markets Portfolio Manager, with responsibilities for Tech and Financials. Before joining TT in 2020, Diego was a Portfolio Manager/Analyst at Hermes, covering the Tech and Financials sectors across EM. More recently, Diego has been based in Argentina at Fundamenta Investments, a Latin American hedge fund. Diego obtained a Masters in Finance from the Universidad Torcuato Di Tella. He is also a Certified Public Accountant and CFA Charterholder.
Sharon is a Senior China Technology Analyst, based in our Hong Kong office. She joined TT in early 2022 from Sylebra Capital, a Technology, Media and Telecommunications long/short fund, where she spent 6 years as an Investment Associate. Sharon graduated with first-class honours in a Bachelor of Business Administration degree from Hong Kong University of Science and Technology.
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