New Asia Opportunity


Alquity’s Asia Fund invites investors to explore the real emerging Asia, as we convert the continent’s structural growth into revenue growth.

Macro and micro long-term themes form our Asia Fund’s focus, primarily current trends of urbanisation and demographics. This equates to a portfolio composed of companies benefitting from these trends, with high active share and low correlation and volatility compared to benchmarked peers. Also included in the Fund is access to the exciting frontier markets of ‘New Asia’ such as Vietnam, Thailand and Bangladesh, further diversifying and adding to this attractive portfolio.

Unique in character but consistent in approach, each of our funds exemplifies Alquity’s investment principles. Our multi-faceted analysis, combining macro and micro factors and long-term themes, alongside key engagement with our firms, establishes high conviction portfolios with a responsibly competitive edge.

icon Fund Literature

Asia Factsheet - USD Y

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Asia Factsheet - GBP Y

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Asia Factsheet - EUR Y

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Asia KIID - USD Y

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Asia KIID - GBP Y

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Asia KIID - EUR Y

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Asia Factsheet - GBP I

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Asia KIID - GBP I

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Asia - ISR Label Certificate

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About the Fund Managers

manager

Mike Sell

Head of Global Emerging Market Equities

Mike's Role

Mike joined Alquity in 2014 and is responsible for Global Emerging Market Equities.

Biography

Mike holds a First Class BA in Economics from Southampton University and was awarded the Pearce Rowan prize.

Mike has over 20 years’ experience investing in Asian equities. He joined Baring Asset Management as a graduate trainee in 1994, where he became a member of the Emerging Market Asset Allocation Committee. Mike was then appointed Senior Partner at Thames River/Nevsky Capital, where he grew their Emerging Market assets to US$7bn over 7 years, before moving to F&C with the long only Emerging Market business in 2011.

manager

Kieron Kader

Associate Portfolio Manager

Kieron 's Role

Kieron joined Alquity in 2019 and co-manages the Alquity Asia Fund.

Biography

Kieron joined Alquity in 2019 from BP where he performed a variety of roles at
one of the largest pension funds in the UK. Most recently, he spent two years as a Global Emerging Markets equity analyst, and also covered Developed Market equities, UK property and multi-asset risk in the prior two years.

Kieron has passed the three Chartered Financial Analyst exams with first time passes. He has a BSc Economics (1st Class) from the University of Southampton, and an MSc Economics (Distinction) from University College London (UCL).

manager

Dan Billis

Dan joined Alquity in 2018 as an analyst, and currently he co-manages the Alquity Asia Fund.

Dan's Role

Dan joined Alquity in 2018 as an analyst, and currently he co-manages the Alquity Asia Fund.

Biography

Dan has a 1st Class degree in Economics from the University of Exeter. Dan joined Alquity in 2018 from Invesco, where he worked as an Account Onboarding Manager.

Fund Prices

NAV DateShareclass NameISINShareclass CCYPrice
26/02/2024ALU1049766626EUR89.36
26/02/2024ALU1049766626GBP76.45
26/02/2024ALU1049766626USD96.97
26/02/2024BLU1049766899EUR81.11
26/02/2024BLU1049766899GBP69.39
26/02/2024BLU1049766899USD88.02
26/02/2024MLU1049767277USD96.59
26/02/2024RLU1049766972GBP124.74
26/02/2024RLU1049766972USD158.22

Those NAV prices displayed with duplicated ISINs, in currencies other than the base currency of USD, are reflected only on an unofficial and indicative basis. The aforementioned NAVs are for guidance only and we can give no assurances of its accuracy. The official NAV for those ISINs is in USD.

PORTFOLIO OVERVIEW

Top 10 Holdings

  1. TSMC 9.4%
  2. Tencent Holdings 7.8%
  3. AIA Group 3.8%
  4. Meituan Dianping 2.8%
  5. HKEX 2.8%
  6. Uni-President China 2.7%
  7. JD.com 2.7%
  8. Minor International 2.5%
  9. ICICI Bank 2.4%
  10. SK Hynix 2.3%

Geographic Allocation

China
31.6%
India
19.6%
South Korea
10.8%
Taiwan
10.1%
Indonesia
8.2%
Philippines
4.2%
Vietnam
3.1%
Thailand
2.9%
Pakistan
2.9%
Singapore
1.9%
United Kingdom
1.8%
Bangladesh
1.2%
Myanmar
1.1%
Cash
0.6%

Industry Allocation

Materials
12.6%
Semiconductors
12.0%
Food & Beverage
10.6%
Consumer Services
9,3%
Retailing
7.7%
Tech Hardware
7.4%
Software & Services
7.0%
Household Products
5.9%
Real Estate
5.1%
Automobiles
4.2%
Insurance
4.0%
Transportation
3.3%
Capital Goods
3.2%
Diversified Financials
2.8%
Healthcare
2.3%
Banks
2.1%
Cash
0.6%

Transforming Lives, Creating Opportunity

We strive for meaningful social progress and believe in enabling growth from the bottom up. To drive this growth, we donate a minimum 10% of our revenues to charitable projects in the regions where we invest. These donations help to build fairer, more sustainable economies and enables the companies we invest in to prosper. This also broadens our level of insight through meaningful engagement and connects our clients to both social progress and handsome returns.

Visit the alquity transforming lives foundation website

Discover Our Other Funds