Posted inHead To Head

HEAD-TO-HEAD: Fidelity and FSSA

FSA compares two Asia ex-Japan equity products: the Fidelity Asia Fund and the FSSA Asian Growth Fund.
by Thomas Blott

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Manager review

Both teams are well-resourced and led by experienced managers. Fidelity’s Teera Chanpongsang has 28 years of experience and has posted robust results across Asia single country and regional mandates throughout his career.

FSSA’s Richard Jones has 34 years of experience and is well-known in the industry for his pedigree. He is supported by Rizi Mohanty, who has 11 years of experience.

Jones and Mohanty are supported by Fidelity’s Asia Pacific ex-Japan analyst team of 62, which averages 10 years of experience and six years of tenure. There was a bit of turnover a few years ago but the team has largely stabilised now and has a strong bench.

The FSSA team comprises 23 analysts with an average experience of 12 years and seven years tenure. There has been a fair amount of turnover in the team recently.

The biggest difference between the two houses though is that FSSA adopts a generalist approach rather than a sector analysis model like Fidelity. Analysts are encouraged to cover different sectors and countries with the aim of breaking down siloes and encouraging internal debate.

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