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Precy Dumlao, Opalesque Asia:
The Nikko AM Asian Equity Fund, which returned 18% last year, has been awarded a Lipper Fund Award in the Equity Asia Pacific Ex Japan Category (3 years) section for 2010. The fund's manager Soo Nam Ng, based in Singapore, said that the investment team provided consistent performance over the past three years while working on varied market environments, which proved crucial in winning the Lipper recognition.
In an exclusive interview with Opalesque, Soo said: "Regardless of the swings in risk appetite and uncertainties presented to us by the financial crisis, we diligently adhered to our investment process which focuses on the fundamentals that are most relevant to the prospects of companies we invest in."
Incepted in February-2007, the $3.6m Luxembourg domiciled UCITS III Asia Pacific-ex Japan fund returned more than 3%, 7% and 18% respectively in 2007, 2008 and 2009.
Soo said 2009 was most the interesting year because the inefficiencies of the market created a perfect environment for the fundamentally driven stock picker. The fund steered clear from the risks that plagued the global markets in 2008. Comparatively, the Eurekahedge Asia-ex Japan index finished 31.63%, -26.76% and 37.49% in 2007, 2008 and 2009 respectively.
He said there is great potential for growth for the Asia Pacific ex Japan region in the next three to five years.
Soo and his investment team seek out and invest in companies that are deemed...................... To view our full article Click here
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