Singapore Exchange Limited

Formuepleje's investment objective is to generate the highest possible return after tax and interest within the described risk framework. The firm's investment strategy is founded on the tangency portfolio theory. They seek to construct relatively low-risk portfolios composed of a significant percentage of bonds and a smaller proportion of equities. They scale their investments through financial leverage, drawing from both Danish and foreign loan capital.

CPH Capital is an active, research-based manager which offers a range of investment strategies including fixed-income, multi-asset, equity and alternatives across market-caps, geographies and investment styles, partnering with clients to develop customized investment solutions.The firm constructs diversified portfolios based on fundamental, quantitative, economic, multi-asset and sell-side research, evaluating asset classes, companies and government entities, and security structures and developing tools to improve forecast accuracy, build better solutions and address complex wealth-planning challenges. They seek to understand the forces that drive global economic trends and design tools to help analyze risk, forecast security returns and build better portfolios.

Prusik is an active, absolute and relative return-oriented manager with a thematic bias which seeks to provide competitive and consistent returns by using a low risk investment approach and a long-term view to investing in Asia.For the Prusik Asia and Asian Smaller funds, the firm utilizes a bottom-up process with a heavy thematic overlay to construct concentrated portfolios. They select stock based on niche excellence, value, strong cash flow and a foreseeable improvement in ROE. They do not use leverage but employ index futures to partially protect the underlying portfolio.For the Asian Equity Income fund they seek to invest in equities with attractive dividend yields which are trading at a discount to intrinsic valuation, aiming to outperform the MSCI Asia Pacific ex Japan index while growing their dividend over time. They invest in a concentrated portfolio of typically 30-50 stocks, focusing mainly on \"franchise\" stocks with the balance in growth/cyclical stocks, where there is a disproportionate amount of return vs the perceived risk. The fund concentrates on stocks which have a market cap range of USD 500 million-5 billion.Through the Prusik Asia Fund, Prusik aims to generate a significant capital return within an acceptable level of risk, with lower volatility than the market and its peers. They construct a thematic portfolio, picking great stocks in strong themes in Asian markets where change is not yet recognized and aim to beat the MSCI Asia Pacific ex Japan index over a full cycle.The Prusik Asian Smaller Companies Fund seeks to generate a significant capital return within an acceptable level of risk, with lower volatility than the market and its peers, focusing on companies which typically have market caps of less than USD 2 billion.