BMO's Lloyd George Management Launches Asian Growth and Income Strategy for Global Investors

BEIJING: Lloyd George Management (LGM), a part of BMO Global Asset Management and a long-time investor in Asian and Global Emerging Markets (GEM), has just launched its Asian Growth and Income strategy. This follows the success of the firm's GEM Growth and Income and Frontier Markets strategies.

 

The Asian Growth and Income strategy will be managed by Christopher Darling, LGM's CIO Asia, who will be supported by Chris Tang, CFA. The strategy will be available to institutional investors and qualified retail investors in Asia, Europe and the Middle East.

 

The strategy's objective is to identify high quality growth franchises with sustainable business models, proven management teams and strong cash flows to support growing dividend streams. This focus is expected to generate returns through a balance of growth and income. Dividends are a major contributor to total returns in Asia; estimates indicate that over the last twenty years or so in Asia ex-Japan, dividends have accounted for more than 30 per cent of total returns.

Robert Lloyd George, Investment Chairman of LGM, noted: "We are delighted to expand our firm's offerings. The Asian Growth and Income strategy will be an excellent complement to our existing approach in GEM, which has more than US$530 million under management.(2) It's our belief that applying our growth and income focus in this region will translate into attractive long-term investment returns for our clients."

LGM's active, stock-driven investment process emphasizes first-hand company research to seek inefficiencies in the markets in which they invest. This permits the construction of long-term, conviction portfolios in which the resultant holdings may diverge significantly from the regional indices.

"The launch of our Asian Growth and Income strategy extends the opportunities BMO Global Asset Management can provide to investors around the world and leverages Lloyd George Management's more than 20 years of experience in Asia and GEM," stated Barry McInerney, Co-CEO, BMO Global Asset Management.