INVESTING AT THE HEART OF TOMORROW

Transcription

1 INVESTING AT THE HEART OF TOMORROW

2 CONTENT PAGE 4 Message from Fullerton Who we are Our Story Our Business Our People 2

3 MESSAGE Dear Valued Partner, Over the last 20 years, the world has become a much smaller place, with global trade and connectivity dismantling barriers. At the same time, it has become a more complex place, as greater access to information and funding has accelerated the evolution of markets and economies. Nowhere is this duality of development and complexity more apparent than in Asia and emerging markets. Fullerton Fund Management has been helping our clients invest in Asia for over 13 years. As an Asian and emerging markets specialist, Fullerton tries to contribute to the success stories of our clients, through our role as a fiduciary, an investor and an innovator. Our parentage and inception in Singapore the leading Asian financial hub make us a trusted partner for institutions looking for Asian investment solutions. We pride ourselves on being local at heart but global in mindset, which allows us to offer a unique perspective on markets and companies in the region. We are pleased to share with you what Fullerton stands for and what we have to offer. We look forward to working with you. 4 5

4 WHO WE ARE The spirit of Asia; the spirit of emergence If you look past the growth statistics, Asia s story is one of resolute progress amidst complexity and constant change. This progress is propelled by conviction, rigor, teamwork, integrity and resilience - a spirit of emergence shared by billions of people. Fullerton Fund Management was founded on this same spirit of emergence. Incorporated in Singapore with over 13 years experience in the financial markets, Fullerton is an Asian and emerging market specialist, with capabilities spanning equities, fixed income. multi-asset and alternatives. We offer our clients investment solutions that are long-term, research-based and conviction-led. Prior to our establishment, Fullerton s investment team operated as the internal fund management division of Temasek Holdings, managing its capital resources since Today, as a wholly-owned subsidiary of Temasek, our clients span government bodies, pension plans, insurance companies, endowments, sovereign wealth and private wealth. Headquartered in Singapore, Fullerton is also supported by offices in Shanghai, Tokyo and London. OUR STORY United Kingdom China Singapore 1989 Started as the internal fund management arm of Temasek Japan 2007 First foreign office opens in China. Subsequently, we opened an office in Japan (2014) and in the United Kingdom (2015) 2003 Establishment of Fullerton Fund Management 2006 Started our first China strategy (QFII), one of the earliest asset managers to do so 1st Singapore-based asset management company to be granted RQFII status and approved for China Interbank Bond Market access (2014) 2014 Expanded our investment and product scope into global emerging markets 6 8

5 OUR BUSINESS Built on Expertise Asset management is our only business and we are dedicated to building optimal investment solutions that best serve our clients needs. Our targeted, long-term approach is critical to how we operate at Fullerton and is the key to our success. An award winning company, our breadth and depth of expertise come from highly experienced investment teams led by industry veterans. We maintain our performance by continually enhancing the quality of our investment process. We are willing to incubate strategies irrespective of market conditions, to demonstrate our conviction and credentials. Investment Philosophy At Fullerton, we identify investment opportunities that exist within inefficiencies in Asian and emerging markets. Through active management, we leverage these opportunities to create value for our clients. Given the region s evolving diversity and complexity, we believe different investment perspectives help us to achieve superior long-term risk-adjusted returns. These perspectives are always grounded in rigorous fundamental driven research, as well as comprehensive market and sector understanding. Recent Awards/Accolades Investors Choice Awards 2017 Multi-Manager Fund - Long Term Performance Benchmark Fund of the Year Awards 2016 Mutual Fund House Award (Bestin-class) for Asia Fixed Income, Mutual Fund Professional for SGD Bond (Best-in-class) and Mutual Fund Retail for RMB Bond (Best-in-class) The Singapore Lipper Fund Awards 2016 Best SGD Bond Fund (3 Years) MorningStar Fund Awards 2016 Best Fixed Income House Asia Asset Management Best of the Best Awards China A-Share Equity (10 Years) AsianInvestor Asset Management Award 2016 Chinese Offshore Bonds, Hard Currency Bonds and Local Currency Bonds Citywire Asia Awards 2016 Best Fund Manager Singapore (Asia Pacific Hard Currency Bonds) 7 9 Source: Allocator, BENCHMARK, Morningstar Awards, Thomson Reuters Lipper Awards, Asia Asset Management, Citywire, AsianInvestor 10

6 Equities Fixed Income As a bottom-up GARP (Growth at a Reasonable Price) investor, Fullerton s Equities team seeks to uncover sustainable, long-term growth opportunities trading at reasonable prices. Sound and comprehensive fundamental research forms the cornerstone of our investment process, upon which we make informed investment decisions. Fullerton also considers Environmental, Social and Governance risk factors to derive at a rounded viewpoint. At Fullerton, we believe that investment conviction not index weights should be the criteria for including a company in the portfolio. Our equities team handpicks companies that have sustainable competitive advantages, superior earnings and growth potential, and outstanding management quality. Fullerton has the edge in identifying the best Asian fixed income opportunities in a dynamic market that has seen significant growth over the last decade, thanks to our award winning team and a rigorous investment framework. Our fixed income managers in-depth knowledge about the regional markets, coupled with valuable insights from our dedicated credit research team, allows us to deliver stable, long-term performance, grounded within a risk-managed approach. Our investment process is based on a thorough understanding of the macro environment and companies we invest, through in-depth fundamental research. Fullerton also has a proprietary internal rating process for unrated credits, which provides us a wider universe to identify the right opportunities. Outstanding Management Quality Superior Earnings Growth Potential Opportunities Sustainable Competitive Advantage Knowledge and familiarity of markets Relationship with asset teams Dedicated credit research teams Proprietary rating process We manage equity strategies in the following universes: Asia ex- Japan All Caps, Asia ex-japan Small Caps, China A Shares and Global Emerging Markets. Investment opportunites We manage fixed income strategies in the following universes: Hard Currency, Local Currency, Investment Grade, High Yield, Singapore Bonds and RMB Bonds

7 Multi-Asset Alternatives Fullerton s Multi-Asset Strategies team brings together investment expertise across all asset classes to deliver sophisticated yet customised global Multi-Asset solutions to clients. Our managers focus on allocation of capital and risk across asset classes, geographies, sectors, foreign exchange, styles, themes and credit grades in a multi-strategy architecture. Fullerton offers multi-manager, multi-strategy hedge fund investment solutions. Our dedicated Asia-focused Alternatives team comprises of experienced professionals with the skill set and network needed to access and analyse the different managers within the hedge fund world. We operate on an open architecture basis to ensure best-in-class manager selection. Multi-Strategy Allocation Approach Robust Construction & Risk Management Portfolio & Market Diagnostics Our robust investment process encompasses five key areas: GLOBAL MULTI-ASSET INVESTMENT PLATFORM Assets & Strategy Allocation Selection of Portfolio Funds & Portfolio Managers Absolute and Relative Return Multi-Asset Strategies Customised Multi-Asset Investment Solutions We complement this skill with a robust and dynamic risk management process. This enables us to deliver diversified solutions that invest across the capital structure and instrument spectrum, to achieve absolute or relative return objectives. Using enhanced diagnostics for portfolio and market analysis allows for implementation through active, passive or alternative strategies, and flexibility to incorporate client preferences such as risk tolerance, liquidity, investment horizon, income and growth. Our team offers a one-stop solution that can harness both in-house and best of breed expertise across asset classes, for any client seeking a composite investment solution. Portfolio Monitoring Risk Management Portfolio Construction At Fullerton we strive to create value for our clients by: Carefully adjusting strategic allocations to different hedge funds Methodically selecting managers with the right expertise to produce sustainable returns for each of the strategies adopted Tracking our managers and the portfolio s underlying risk exposures using the internal monitoring system We have a long track record of delivering consistent, risk-controlled returns in global hedge fund strategies, Asia hedge fund strategies and global mutual fund strategies

8 OUR PEOPLE At Fullerton, we are an international team with diverse capabilities, varied expertise and rich in-market experience. Hailing from different parts of the world Europe, Asia and the Americas we reflect our philosophy of being local at heart but global in mindset. Our teams are made up of committed and enthusiastic people who are the source of our success. They embody Fullerton s four corporate values Excellence Integrity Teamwork Trust Together, we are driven to achieve top performance and sustainable results. Disclaimer: No offer or invitation is considered to be made if such offer is not authorised or permitted. This is not the basis for any contract to deal in any security or instrument, or for Fullerton Fund Management Company Ltd (UEN: W) ( Fullerton ) or its affiliates to enter into or arrange any type of transaction. Any investments made are not obligations of, deposits in, or guaranteed by Fullerton. The contents herein may be amended without notice. Fullerton, its affiliates and their directors and employees, do not accept any liability from the use of this publication

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