Bestinvest says
This fund benefits from a highly experienced manager in Angus Tulloch with an absolute return mindset to investment. He offers a more cautious approach to the investment in the region, with a focus on high quality, shareholder friendly companies. Stock research is conducted by a large and well resourced team based in Edinburgh, Hong Kong and Singapore.
The objective of the fund is to produce capital growth by investing in companies in Asia (excluding Japan). The fund adopts more of an emphasis on preservation of capital compared to the peer group, as a consequence index outperformance is not a primary driver of investment decisions. The manager employs a fundamental bottom up approach to stock picking targeting companies that offer sustainable and predictable growth with an emphasis on company cash flow and balance sheet strength. Their outlook is generally medium to long term and avoids 'momentum' type stocks. Stock research is conducted by a large and well resourced team based in Edinburgh, Hong Kong and Singapore. This is supplemented through the resources made available by the house's parent company, Commonwealth Bank of Australia, who have offices in Australia.