Asia today is the world’s largest economic zone, home to more than 60 percent of the earth’s population. The region is enjoying vigorous economic growth, fast-paced urban development, and the emergence of a broad middle class. Asia’s economies are in the midst of a transition phase, heading towards an era of growth that will be increasingly powered by domestic consumption. In that regard, the region offers unrivaled prospects for growth. Asian exports still represent some 40 percent of the world’s total exports, comprising not only manufactured goods but also state-of-the-art technologies. Owing to their size and liquidity, Asian stock markets offer significant investment opportunities. Mansartis manages a portfolio based on strong convictions, built independently of the reference index and composed of some 50 Asian companies (excluding Japan) in which we have invested for the long term. We seek out growth companies in sectors with high barriers to entry, leaders in their respective industries, with durable competitive advantage.