The IGA China Equity strategy seeks to provide long-term capital appreciation by investing in equity securities that are domiciled in, or conduct a substantial portion of their business in, China. The strategy invests in high-quality companies that demonstrate sustainable, compounding growth, and are run by trustworthy management teams. The investment team relies on its in-house research to identify investment ideas, using quantitative screens and bottom-up fundamental analysis. This investment team believes in investing in the best Chinese companies of the future, irrespective of which stock exchanges they are listed on today.

Strategy overview

• Actively managed, high conviction portfolio with disciplined and unconstrained view of the benchmark and risk;
• Quality businesses across China generating high and/or improving returns on investment throughout business and market cycles;
• Reliable management with track record of good risk management and capital allocation;
• Investment process and in-house research built on fundamental due diligence (checklist approach), long-term industry perspectives, and in-house ESG views.

Our approach

Investment philosophy and style

• Investing in businesses with high and/or improving return on capital
• A disciplined and unconstrained view of the benchmark
• We look to buy stocks we perceive to be at a significant discount to long-term fair value

Investment process

• Systematic filtering to eliminate high-risk investment ideas and narrow research universe
• Repeatable, disciplined idea generation using proprietary quantitative modelling
• In-depth, fundamental, on-the-ground research
• Incorporation of material ESG factors