Gruppe Guosen Securities Co., Ltd.

Guosen Securities HK AM seeks absolute returns together with the long-term consistency of profitability. The firm’s investment and research team select securities for a specific financial portfolio after precise top-down and bottom-up analysis, which rely on macro industry research, market information collection, communication with outside analysts, company visits and so on. Their opinions will be submitted to the Investment Committee for a final decision after a morning or weekly meeting. The Investment Committee acts as the highest decision maker, providing guidance to company product portfolio’s capital allocation, sector and key species selection.

Penghua invests in and holds quality companies, seeking to achieve stable, long-term growth. The firm constructs portfolios invested primarily in Chinese equity and bonds. They measure portfolios against benchmarks and utilize a quantitative model to manage risk.