ComfortDelGro Corp. Ltd.

Price Hong Kong is an active, long-term, risk-aware manager which performs in-house fundamental research to identify investment opportunities for clients. They utilize a bottom-up investment process to construct diversified portfolios, which aims to avoid uncompensated risk and to capture long-term sources of excess return. Their global teams exchange ideas across strategies, styles, and asset classes that lead to informed decisions in the portfolio construction process. The firm’s specialized fixed-income professionals seek to add value through individual security selection, sector rotation, yield curve, and duration management. Price Hong Kong integrates top-down and bottom-up analysis to help manage portfolio risk while adding value to portfolios constructed of a variety of instruments including core, high yield, US, global, corporate and government. Their global credit research and analysis capabilities help drive the management of each investment strategy.

Pyrford is a value-driven manager which performs in-house research and focuses on absolute returns. They follow a process which combines asset, country allocation and stock selection, aiming to identify companies which are underpriced in comparison with their long-term earnings growth potential.The firm makes five-year earnings projections for the fixed-income and equity markets in their universe, allowing them to determine the relative value across markets from which they derive their asset allocation and country allocation strategy. Following the country allocation decision, they utilize a bottom-up process to determine individual stock value, seeking to identify well-priced medium-to large-cap companies that are leaders in their industry which have superior management and a sound capital structure.Pyrford then performs a financial analysis to help determine earnings per share and total return expectations for selected companies to better understand the dynamics of company growth, earnings quality and the likelihood of trends being maintained. The comprehensive analysis includes a retrospective five-year study of the balance sheet, income statement, the statement of changes in the financial position and a management interview.They do not invest in any country which does not satisfy their minimum requirements in relation to accounting standards, investor protection and political stability.

SSgA Singapore employs both passive and active management and offers a range of investment strategies across all asset classes, capitalization ranges, regions and styles. The firm uses a rigorous, research-driven investment process spanning both indexing and active disciplines.