Asian Discretionary Portfolio
Our Asian Discretionary Portfolio invests in companies that should benefit from economic growth in China, India and surrounding Asian countries (excluding Japan). It aims to outperform the MSCI Asia Index (excluding Japan) by 5% annually.
We base our per-country allocation on the size of the economy, the current account position, company earnings growth and the ratio of price to earnings across the market. After analysis we then choose sectors that we think will outperform overall GDP growth. Our stock selection is guided by thorough bottom-up company analysis.
All stock purchases are supported by written recommendations. The Asian Discretionary Portfolio’s cash allocation ranges from zero to a maximum of 30%.