Orient Pacific Asset Management
Orient Pacific Asset Management is a ‘fund of funds’ investment company that invests in leading Asian based equities funds.
Unlike a traditional investment vehicle, a “fund of funds” style investment company invests not in securities traded on an exchange, but in managed investment schemes and other funds that in turn make the investment in listed securities. Through our approach, Australian domiciled retail investors can now gain access to a diversified portfolio of funds managed by leading Asian-based equities fund managers. Key advantages of investing in include:
- Access to leading Asian-based fund managers that do not have products in Australia for Australian based retail investors to invest in;
- Potential for lower entry costs, as Orient Pacific Asset Management, the manager of the Fund may be able to negotiate fee discounts and rebates (including for any upfront entry costs);
- Investors will be investing in an Australian company listed on the Australian Stock Exchange and accordingly, will only be exposed directly to tax consequences of investing in an Australian company; and
- Access to a diversified portfolio that is actively managed by a dedicated Manager whose principal has extensive contacts and experience in assessing Asian markets and Asian-based fund managers.
During his tenure as investment manager of the ASX listed Asian Masters Fund, the fund outperformed the MSCI Asia Pacific Ex Japan Index in AUD by 29% (from November 2007 to December 2009). The size of the portfolio grew from $50m to $94m through capital raisings and performance as at 31 December 2009.