Strategic Process

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  • Korea Value Strategy

    Korea Value Strategy

    The Value strategy looks for deeply undervalued stocks listed in Korea that in the medium to long term will see significant capital appreciation as the market catches up in recognizing the company's intrinsic value. These companies are often characterized by a strong management team, with a robust business model and sustainable strategy that is backed up by strong financial fundamentals and good corporate governance. The fund is intended for investors with longer term investment horizons, and generally comprises 25-40 stocks at any one time. The strategy offers the flexibility to invest across the entire market capitalization spectrum with ANDA opportunistically tilting the portfolio toward the most promising segments. Although there is no limitation on the type of companies ANDA can invest in, it is expected that the team will pay more attention to under-followed stocks, and stocks whose valuations are low in relation to their growth prospects. The strategy is long biased due to the tailwind of structural growth in Asia but the team may utilize index derivatives and engage in short selling of individual stocks for hedging and portfolio management.

  • Korea Active Retrurn Strategy

    Korea Active Return Strategy

    The mandates in the Active Return Strategy implement a fundamental active management style focused on generating high average return and low average loss through superior stock-picking. Within our Active Strategy we offer clients two products: Absolute and Index-Aware. The absolute mandates seek active return through a diversified portfolio of equity and equity-linked securities in Korea. The portfolio generally comprises 30~50 positions with a 1+ year investment horizon. The strategy focuses on those companies with strong historical financials, strong management and attractive valuations based on a history of consistent performance, taking strong account of growth opportunities in the industry and business. The absolute mandates are long biased due to the tailwind of structural growth in Asia but the team may use index/futures and/or options for hedging and portfolio management purposes. These mandates are not limited to or restricted by constraints such as investment style, index weightings, cash levels or market exposure and invests in the Korean market on an absolute multi-cap basis. The index-aware mandates seek to add modest excess return relative to the benchmark through a highly diversified portfolio of equity securities in Korea. The portfolio generally comprises 40~70 stocks with a 9 to 12 month investment horizon, although some holdings have a longer time horizon. The product maintains lower variability around the benchmark and cash levels of less than 10%. These mandates are not limited to or restricted by constraints such as investment style, index weightings and invests in the Korean market on an absolute multi-cap basis.

  • Multi Strategy

    Multi Strategy

    The multi-strategy seeks superior risk-adjusted absolute returns with low volatility through a rigorous stock selection approach based on a fundamental active management style focused on independent on-the-ground due diligence and research. We have identified structural, market and domestic inefficiencies to capture alpha across several sub-strategies: Special situations, Event-driven, Equity value and Convertibles. The strategy is not limited to or restricted by constraints such as size, market direction, index relative performance or maximum cash level requirements and can therefore pursue value-added strategies with conviction.

  • ESG Strategy

    ESG Strategy

    Our ESG investment strategy refers to an approach of uncovering undervalued companies with ESG issues and through active engagement, unlocking the company’s hidden value. We engage with our target companies in the medium/long term to bring about business reorganization and improve corporate governance so that the company’s true value can be realized in the market. This requires an intensive process of research and analysis as well as thorough investigation of the industry, company, and business growth opportunities/sustainability.

  • Real Estate Investment

    Real Estate Investment

    Based on our professional know-how in various types of funds: lease, development, loan, securities, fund-of-funds, we seek profits by discovering the value of underestimated real estate and identifying investment opportunities with growth potential. We aim to lead the market through investment and management strategies that meet the diverse needs of beneficiaries by diversifying our assets.