M&G Asian

M&G Asian is a high-conviction fund that takes an active approach to investing across the region. The team applies fundamental and qualitative analysis to assess and uncover investment ideas, focusing on business quality, industry trends, valuation and risk of ownership. The final portfolio typically holds around 50-80 names.

David Perrett, Carl Vine

David Perrett is lead manager on this strategy. He joined M&G as co-head of Asian investment, bringing almost three decades of investment experience. Before M&G, he co-founded the boutique investment firm Port Meadow Capital Management with Carl Vine in 2014. Prior to this, he was a managing director and senior portfolio manager at UBS, focusing on investments across the Asia Pacific region, while based in Hong Kong. He also served as chief investment officer, Life and Institutional, at Prudential Asset Management (Hong Kong), having started his career with Prudential in London in 1991. David holds a Bachelor of Science in Economics from the London School of Economics and a Master of Science from the University of London.

Deputy manager Carl Vine joined M&G in 2019 as co-head of the Asia Pacific equity team and has over 25 years of investment experience in Japan. He is responsible for running a number of Japanese equity portfolios at the asset manager. Carl has over 20 years of investment experience, having begun his career with Prudential in London, and then relocating to Tokyo to open the Japan office. He went on to work in Hong Kong for SAC Capital Advisors and UBS. Carl and David co-founded boutique investment firm Port Meadow Capital in 2014, both subsequently joining M&G in 2019 as co-heads of Asia Pacific Equities. The two managers have worked closely together for many years and are supported at M&G by a team of eight analysts and other investment specialists. Analysis is run regionally within this team.

David Perrett and his team bring decades of experience to investing in Asian equities, combining deep research with a disciplined, risk-aware approach. This experience has been backed up by very impressive long-term performance. Their hands-on approach and willingness to take meaningful differentiated positions sets them apart from their peers. For investors looking for exposure to the Asian market, this fund should be a strong contender.