PORTFOLIO / ASIA GROWTH OPPORTUNITY
Positioning with the evidence in view.
Exposure, contribution, and thesis state for the active portfolio. Measures are illustrative and show the operating model of the research desk.
IMPLICATIONStay selectively overweight
TOP 10 WEIGHT48.7% / contained
EVIDENCE36 positions mapped
OWNERPM / Victor Leung
NEXT ACTIONFriday allocation review
NET ASSETS$482.6m↗ +1.24% MTD
ACTIVE SHARE72.4%↗ +1.1 pts vs. benchmark
TOP 10 WEIGHT48.7%−0.6 pts concentration
CASH3.2%↗ +0.4 pts tactical reserve
RELATIVE PERFORMANCE
Portfolio vs. benchmark
HOLDINGS / 36 POSITIONS
Active capital by security.
Position size is paired with its current research state.
| SECURITY | SECTOR | WEIGHT | MTD | YTD CONTRIB. | EVIDENCE STATE | DETAIL |
|---|---|---|---|---|---|---|
| NOVNNovartis AG | Healthcare | 6.8% | +2.1% | +84 bps | Constructive | OPEN › |
| TCEHYTencent Holdings | Communication | 5.6% | +1.7% | +46 bps | Constructive | OPEN › |
| ASMLASML Holding | Technology | 5.1% | −0.8% | −19 bps | Under review | OPEN › |
| RELRELX PLC | Industrials | 4.6% | +0.9% | +28 bps | Constructive | OPEN › |
| AIAAIA Group | Financials | 4.1% | +0.3% | +11 bps | Monitor | OPEN › |
| NVONovo Nordisk | Healthcare | 3.9% | −1.2% | −23 bps | Review valuation | OPEN › |