Our Asia Pacific strategy seeks to generate superior long-term investment returns and minimize the risk of permanent capital loss by investing primarily in a concentrated number of global companies that meet our Business, People, Price investment criteria.
We invest with a three-to-five-year investment horizon and take advantage of short-term volatility to own high quality businesses, run by capable management teams, whose stock prices we believe are trading temporarily at a discount. Our extensive, global network allows us to engage with our management partners to help drive long-term value creation.
Total Asia Pacific assets at 3/31/20
minimum account size
The Portfolio's objective is long-term capital growth. Current income is not an objective.
Portfolios invest in companies across Asia, Japan, Australia, and New Zealand geographies. Country weightings are a by-product of the location of qualifying investments.
Portfolio construction is benchmark-agnostic, and sector, industry and country weights are a by-product of bottom-up investment decisions.
Portfolios generally invest in companies with market capitalizations of over US$1 billion.
Portfolios generally contain 15-25 securities.
If we cannot find qualifying investment opportunities, we will hold cash.
We do not hedge currency exposure.
We believe the strategy has a conservative capacity level of ~$2 billion and will continue to monitor this level over time. If size begins to inhibit our ability to manage Asia Pacific mandates, we will close to new investors.