Ben Dunn

Eastspring Singapore is a research-driven, value-oriented manager which focuses primarily on Asia's equity and bond markets. The firm’s Equities team follows a valuation-based approach, and their Fixed Income team utilizes a disciplined, medium-term approach. Eastspring Singapore applies a top-down investment management approach in deriving its credit sector, duration and currency allocation strategy and decisions. This is necessarily combined with a thorough bottom-up credit selection process, based on research and analysis, to determine good value credit investments and avoid potential corporate default events. They conduct in-house research but also outsource some research from third-party analysts.

Ankura is part of BNY Mellon's multi-boutique strategy. The firm specializes in Australian equity, and aims for diversification within that relatively narrow market. They follow a research-driven investment approach focused on systematically exploiting market inefficiencies. Their investment process is based on quantitative modeling developed specifically for the Australian market, complemented with the portfolio managers' judgment and experience which allows for a qualitative risk management overlay. Stocks are ranked according to value (looking for distortions), earnings (paying attention to forecast revisions), price momentum, certainty and earnings quality (looking for free cash-flow). Qualitative research is pragmatic and derived from market observation. Ankura manages two wholesale unit trusts: one is an actively managed long-only equity portfolio and the other follows a long/short strategy. Both aim at outperforming the S&P/ASX 200 over three to five years. Assets under management are capped to preserve flexibility and protect performance.