At Fullerton, our investment philosophy is grounded in the belief that investment opportunities exist across market cycles and as structural trends emerge. Through active management, we leverage these opportunities to create value for our clients. We focus on rigorous research, active management and calibrated risk taking, and believe a diversity of investment perspectives is key to achieving superior risk-adjusted returns over the long term. We uphold our stewardship responsibilities for all assets entrusted to us to achieve sustainable returns.
Our Equities team believes in growth investing through a bottom-up, total return approach. With an investment style centered on Growth principles, we believe that earnings growth is the long-term driver of stock price performance. As a House, we are firm believers in active management. We are able to generate alpha by focusing on bottom-up, fundamental research. We analyse growth companies with proven track records or growth potential that is under-estimated by the market. Additionally, we determine Fair Values of these growth companies through a Total Return approach, to construct portfolios that aim to deliver relative return or absolute return objectives.
For us to invest in a company, it must possess one of the following Earnings Growth characteristics:
Fullerton's Fixed Income team's philosophy is based on the following core beliefs:
We believe that Asian markets are generally efficient but inefficiencies can be exploited through active management, by identifying suitable investment opportunities using a robust and disciplined investment approach. This approach is grounded in a comprehensive research-based view of company fundamentals, coupled with an in-depth understanding of market dynamics and technicals, built through many years of on-the-ground investment experience by the team. This allows us to identify the best opportunities in an inefficient market, and achieve superior risk-adjusted returns over the long term.
Fullerton’s Multi-Asset team is guided by the following beliefs, namely:
We believe that multi-asset solutions and strategies offer potentially good portfolio risk-adjusted returns and thus enable our clients to attain their investment objectives, while taking into account their risk tolerance.
The Alternatives team believes that compounded positive returns are best achieved over market cycles via:
The in-depth understanding of the markets and the risk-reward characteristics of various idiosyncratic opportunity sets underpins our fundamental research process and anchors our fund investment philosophy. By using such knowledge in the construction and management of our portfolios, we envisage it being a key source of sustainable returns for clients across the cycle.