HONG KONG, May 29, 2023 /PRNewswire/ -- FountainCap Research & Investment (Hong Kong) Co., Ltd. ("FountainCap") has won the Asset Management Company of the Year – Long-only Equity, China Offshore award from The Asset Triple A Sustainable Investing Awards. This is the second year in a row that the company has won the award.
The Awards are rigorously scrutinized by The Asset's board of editors to recognize the awardees that are performing well each year. The decisions are further complemented by client interaction data and research by Asset Benchmark Research.
"It is an honor to be awarded the China Offshore Equity – Long-only award again this year. We are proud to have achieved significant growth and breakthroughs in 2022," said Steven Luk, CEO of FountainCap.
"We are immensely fortunate to have a solid foundation of global institutional investors that continue to support us even in an unprecedented year. We understand the fiduciary duty that comes with such support and will continue striving to become the trusted mainland China/HK partner for global investors," he added.
Despite significant market headwinds last year, FountainCap was able to achieve new product breakthroughs while securing several new mandates from global investors. The company continues to leverage its in-depth research and investment experiences to help its clients navigate the China market.
Most of FountainCap's asset under management are institutional assets, including globally recognized sovereign wealth funds, pensions, endowments, wealth managers, corporates, and family offices. The company aims to bridge global institutions with domestic investment opportunities with its on-the-ground presence.
About FountainCap Research & Investment (Hong Kong) Co., Ltd.
Led by Frank Ding, the investment team are industry specialists with a combined China investment experience of over 60 years across eight global market cycles. All professionals are equipped with global investment knowledge and a deep understanding of China's economy and market. FountainCap's objective aims to consistently generate superior long-term investment results and provide the best services to its clients.
About The Asset Sustainable Investing Awards
The coverage period for the Awards is January 1 to December 31, 2022 with coverage across APAC and the Middle East. The selection criteria primarily include performance, client servicing and ESG integration. The award is not indicative of FountainCap's future performance and may not be representative of any one client's/evaluator's experience because the award reflects an average of all, or a sample of all, of their experiences. FountainCap did not pay a fee to be included in the selections of the award program.
