Our approach
Our Asia Equity strategy was established in 2011 as a way to delve deeper into business and management quality analysis in a region that is a major engine of growth and investment for global companies and a deep source of new business development. The central role that Asia will play in addressing sustainability challenges has only become clearer over time.
Full integration of sustainability analysis leads to different conclusions on the quality and long-term performance of Asian and Asia-exposed companies.
We believe our investment process leads to differentiated conclusions on the quality and long-term performance of the companies and management teams we invest in.
Our investment process
We undertake in-depth research to apply our investment strategy. We construct portfolios of sustainable companies with the confidence derived from deep research and analysis.
A sustainable company is:
One whose current earnings do not borrow from its future earnings
One whose sustainability practices drive performance and competitive positioning
One that provides goods and services consistent with a net zero, prosperous, equitable, healthy and safe society and
One that focuses its external communication on long-term issues
Building our portfolio
We focus on two aspects of quality: attractiveness and robustness of a company’s business model (Business Quality) and how well a company is managed and governed (Management Quality).
These criteria are used to select a Focus List of companies, from which our concentrated portfolios are constructed. As high-conviction investors, we concentrate our focus on a select group of companies, follow them closely and understand the detailed nuances of their businesses.
Our team
Collaboration across the Global and Asia Equity teams leverages intellectual capital and resource across both strategies.
Rigorous and open debate provides the foundation for our consensus-driven decision-making process, further differentiating our thinking.