FIRST STATE GREATER CHINA GROWTH A - Manager
Bestinvest rating
Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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0.14%
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0.43%
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0.54%
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0.11%
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0.66%
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0.44%
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0.38%
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0.78%
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98.3%
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97.2%
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99.4%
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Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Martin Lau
 "Photo of Martin Lau")
Lau joined First State in April 2002 as a Senior Portfolio Manager, responsible for Greater China and regional funds. He was appointed Director, Greater China Equities, in October 2003 following the merger of their Edinburgh-based Asia Pacific team with the Hong Kong and Singapore Asian teams. He started his investment career at Invesco in 1995 and assumed responsibility for their Greater China fund in 1998; other responsibilities included a smaller companies fund and regional portfolios. Lau graduated from Cambridge University with a BA and Masters in Engineering, and is also a Chartered Financial Analyst. Lau is based in Hong Kong.
Track record
Martin Lau has 14.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.78%.
During the worst period of relative performance (from January 1998 - February 2000) there was a decline of 35% relative to the index. The worst absolute loss has been 54%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.
Other funds managed
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Start Date |
FIRST STATE GREATER CHINA GROWTH A
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Dec 2003
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FIRST STATE ASIAN EQUITY PLUS I USD
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Jul 2003
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FIRST STATE GREATER CHINA GROWTH I DIS USD
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Dec 2003
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| Periods of worst performance |
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Absolute
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-54%
(February 1998 - August 1998)
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Relative
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-35%
(January 1998 - February 2000)
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Sector record since
January 1998 (14 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach