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Kuala Lumpur, Shanghai and Taipei: Three new cities enter Asia top 10 roadshow list

Singapore and Hong Kong remain the top two cities visited by Asian companies in 2020, according to research for the 11th annual Global Roadshow Report from IR Magazine

The two Asian finance hubs are also the only cities to have been visited by a majority of companies for in-person roadshows during the research period, which covered the last two quarters of 2019 and the first two of 2020 as the world went into Covid-19 lockdown. 

The Asia top 10 list – which actually comprises 12 destinations because the 10th place spot is shared by three cities – is the most diverse of the regions studied. Six of the cities on the list are in either the US or Europe. Neither of the top 10 destination lists for North America or Europe feature a single Asian city. In fact, the European top 10 features only four US cities and the North American top 10 features just London from outside the region.

Three new entries

Outside of the usual roadshow destinations to top the list for Asian firms, three new cities have made the top 10: Kuala Lumpur in fifth place, Shanghai in ninth and Taipei (sharing 10th place with Edinburgh and Frankfurt).

IHS Markit has shared some numbers on the biggest institutions by assets for those three cities. Click here for more information or to download your copy of the Global Roadshow Report 2020, which, as well as global and regional roadshow destination lists, also features research on the most-used brokers for both in-person and virtual roadshows, plus insights into what makes an impressive roadshow and how companies approached ESG roadshows. 
 

Kuala Lumpur: Fifth place

Institution name Estimated assets under management ($ mn) Dominant style Orientation Turnover
Employees Provident Fund $41,896 Value Active Low
Permodalan Nasional $23,426 Yield Active Low
Khazanah Nasional $15,830 Growth Active Low
Kumpulan Wang Persaraan $13,551 Growth Active Low
Public Mutual $12,537 Growth Active Medium

 

Shanghai: Ninth place

Institution name Estimated assets under management ($ mn) Dominant style Orientation Turnover
China Universal Asset Management Company $42,009 Aggressive growth Active Medium
Fullgoal Fund Management Company $35,787 Growth Active Medium
Aegon Industrial Fund Management Company $26,101 Growth Active Medium
HuaAn Fund Management Company $25,420 Growth Active Medium
Ping An Asset Management Company $24,697 Speciality Active Low

 

Taipei: joint 10th

Institution name Estimated assets under management ($ mn) Dominant style Orientation Turnover
Cathay Life Insurance Company $14,848 Growth Active Low
Bureau of Labor Funds $10,669 Growth Active Low
Nan Shan Life Insurance Company $9,774 Garp Active Medium
Fubon Life Insurance Company $9,744 Growth Active Low
Cathay Securities Investment Trust Company $3,152 Growth Active Very high

 

All investor data provided by IHS Markit and correct as of February 19, 2021

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