Clik here to view.
China – what is the opportunity?
According to The China Daily “…China can reach its goal of doubling the 2010 GDP and per capita income growth by 2020 if the average economic growth rate is 6.9% to 7.1% over the next 8 years”. We...
View ArticleClik here to view.
Gas reform, Urbanisation and PetroChina
1) PetroChina is by far the biggest beneficiary of Gas price reform – we feel commodity price reform will be one of the first reforms the Chinese government pursues this year. the largest % production...
View ArticleNo action, no growth – CHINA
Xi Jinping has been Chinese President for 6months already, but the Third plenum of the 18th central committee in November this year is the most significant event. Its the first showpiece of new...
View ArticleClik here to view.
Focusing on the losers
First month since we began where we have not significantly outperformed the index ending up 5.6% for September. Maybe unsurprising given the volatility and change in tapering sentiment over the month...
View ArticleClik here to view.
Focusing on the losers
In September and October we highlighted that our performance was hampered by our exposures to US yield curve exposed companies, but that the correlation was encouraging and so it may have been time to...
View ArticleClik here to view.
Chinese reform, healthcare and European Pharma
We think what has occurred in China recently may in time be considered a seminal moment for both consumer and healthcare related sectors but as yet little focus has been given to it. Tripling the...
View Article
