Thailand Wealth Management Forum 2019 - Exclusive Insights - Aleksey Mironenko

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1. How can you unearth hidden gems in China and ASEAN?

Video transcript

1. How can you unearth hidden gems in China and ASEAN?

The challenge for most people is when they think about investing in China and ASEAN they invest in a top few stocks. Everybody knows Alibaba, Baidu, Tencent; in Philippines, SM, Thai Beverage and so on. The problem is these companies are well-researched. Everybody knows what they are. They're fairly valued. There's nothing new about them. What we focus on at Premia Partners is looking at long term trends and figuring out a way to own stocks that are not necessarily well-known in this space. For example, our China New Economy ETF, it has no Alibaba, it has no Baidu, it has no Tencent. What it does have is onshore consumer tech, healthcare, defence stocks. In many cases they're in the mid-small-cap space, because as a long-term investor I don't care about what the biggest stock is; I care about which stock will be the biggest 5 to 10 years from now. So we build our indices in our ETFs to focus on those types of stocks, whether it be in China, or in ASEAN, or soon in Vietnam.

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