LG Household & Health Care Ltd.

NPSK utilizes their Strategic Asset Allocation process to formulate investment strategy. Their asset mix is constructed on the basis of long-term returns rate, risk tolerance and capital market expectations. The firm’s Tactical Asset Allocation model refers to asset allocations modifications adapted to market changes, which allows them to take advantage of market inefficiencies. They invest in a range of asset classes including domestic fixed-income, domestic equity, international investments and alternative investments. NPSK’s fixed income and equity portfolios are managed both internally and externally. Alternative investments include infrastructure, real estate, corporate restructuring, private equity and venture capital.

TRPIL is an active, client-centered manager which aligns their investment approach with the group's bottom-up fundamental, proprietary research-driven process. Bottom-up analysis and prudent risk management shape their long-term investment strategy decisions. Their overriding investment goal aims for consistent and superior risk-adjusted returns for their clients. TRPIL uses a complex and multifaceted approach to investment analysis and asset management decisions. Their equity asset classes are compose of: US, Global, and International Equity mandates including small-, mid-, and large-cap, growth, value and core, index-enhanced, as well as sector-specific equity mandates. The firm’s fixed income asset classes as follows: US, Global, and International Fixed Income mandates including active taxable (core plus, core, enhanced bond), cash management, short-term, high yield, global, emerging markets, and sector-specific fixed income mandates. TRPIL’s analysts draw from both qualitative and quantitative insights worldwide. The investment decisions for each fund are made by portfolio managers in consultation with a team of analysts.

Harding Loevner invests primarily in publicly-traded global equities which seeks superior returns. Their investment philosophy emphasizes long-term investments in high quality, growing businesses, and their investment approach relies on in-depth fundamental research including analysis of the competitive structure of global industries and the competitive position of individual companies. The firm undertakes in-depth fundamental company research and industry analysis to identify and value companies that exhibit four key quality-growth criteria: competitive advantage, quality management, financial strength, and sustainable growth. Portfolio managers construct each model portfolio informed by analysts’ recommendations and impact on portfolio risk. Harding Loevner builds model portfolios from the bottom-up, so the sector and country allocations in their strategies are primarily the result of individual stock selection, and not a top-down country or sector allocation process.