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Acorn Capital has appointed Paul Quah as a portfolio manager/analyst for its Acorn Capital Asia Small Cap Fund.

Mr Quah will be responsible for analysing and selecting stocks in the consumer discretionary sector across all Asian markets (excluding Japan).

He joins Acorn Capital from Hong Kong-based broker CLSA Asia-Pacific, where he was head of regional small mid cap research for the last six years.  Prior to that, Mr Quah was with Macquarie Securities in Hong Kong as deputy head of small cap research, and he has also worked for UBS Securities in Sydney as an analyst.

Mr Quah holds a BA degree in economics and finance from RMIT University, a masters in applied finance from Melbourne University, and a graduate diploma in applied finance.  He speaks Cantonese and Bahasa Malaysia.

Douglas Loh, head of Asia at Acorn Capital, said that Acorn Capital was attracted by Mr Quah’s research and analytical experience, as well as his in-depth knowledge of Asian markets, which fits well with Acorn Capital’s approach.

“Acorn Capital has a rigorous research process that has allowed us to achieve long-term capital growth for investors in the Australian microcap space, which we have now taken to the Asian small cap market.

“Our research has shown that Asian markets are not as efficient at pricing stocks as other more developed markets, particularly small cap stocks.

“Acorn Capital’s investment strategy is to take advantage of this inefficiency through our research focus, which includes spending a great deal of time in Asia visiting companies and talking with management, and this is already delivering good returns for investors,” Mr Loh said.

The Acorn Capital Asia Small Cap Fund was launched in November 2012 and seeks to exploit inefficiencies in the pricing of small cap stocks in the Asian region. Since inception it has returned 14.84 percent (as at 30 June 2013)*.

Acorn Capital Ltd is a specialist investment manager investing in small and microcap companies traded on exchanges in Asia (ex Japan) and Australia.  It was formed in 1998 and Australian Unity Funds Management became a joint venture partner in December 1999.

 It offers investment opportunities in two main areas:

  • the microcap sector of the Australian market, which is made up of companies that lie outside the top 250 companies on the ASX
  • the small cap sector of Asian markets (excluding Japan).

 

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For more information please contact:

Douglas Loh – Phone: 03 9639 0522

24 July 2013 

 

 

 

*Inception date for performance is 30 November 2012.   Past performance is not a reliable indicator of future performance.