General Inquiries: +852 3791 2339 Google+

 

Product Descriptions

產品介紹

Admiral serves institutional and other professional investors in a variety of real-estate related products.  For institutional investors, most products are available as separate account mandates, where the investors own the investment vehicle and appoint Admiral as their manager.

安泓投資專門服務機構及其他專業投資者,協助他們投資房地產相關服務。機構投資者的服務一般以獨立帳戶形式運作,自行設定投資實體後再任命安泓為投資管理人。

For other professional investors, Admiral sponsored fund vehicles provide access to various Admiral products.  Admiral also have fund distribution partners in several Asia Pacific countries to serve professional investors in these countries.

安泓亦有提供基金予其他專業投資者,以參與安泓的投資服務。公司亦有在不同亞太區國家,跟當地機構合作,提供基金服務予當地之專業投資者。

Admiral's service range includes the following.

Listed Mandates
- Asia Pacific REIT funds
- Australia REIT and Infrastructure funds
- Customized securities mandates

Private Equity Mandates
- Hotel development and renovation projects
- General direct real estate investment mandates

安泓提供的服務種類如下。

上巿資產類
- 亞太區房託基金
- 澳洲房託及基建基金
- 個別化證劵服務

私募項目類
- 酒店發展及改建服務
- 一般房地產投資服務

The latest service description and fund factsheets are available upon request.  Please contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

最新的基金資料可以按要求提供,請電郵 This e-mail address is being protected from spambots. You need JavaScript enabled to view it 與我們聯絡。

 

Competitive Advantage

 

安泓的競爭優勢

Our niche-focus philosophy and process

Our business philosophy towards developing and maintaining competitive advantage is to focus on specific niches, in which we have the ability to create and maintain a knowledge edge. We perform the deepest possible research on the industries and companies we target, while maintaining the agility through our use of analytical systems. Our structured process guides the investment team in their work to maintain consistency and the ability to act quickly upon the identification of new prospective investment opportunities.

針對合適行業的理念及過程

我們對發展及維持競爭優勢的業務理念是針對特定的合適機會,且能建立及保持對其的了解。安泓對目標行業及公司進行一切可能的深入研究,同持透過我們的分析系統保持靈活性。我們的結構過程引領投資團隊的工作保持一致,並能在找出新投資機會後作出迅速反應。

Our investment team

Our investment team are all groomed under a value investment methodology. Analysts go through the CFA program as a general education to investing, and are then supervised to learn and understand the economics of the industries in which the firm and they personally are both interested. Our suite of proprietary analytical tools allow our analysts to focus on the major factors that affect the investment results for our clients.

投資團隊

我們整個投資團隊都接受過一個價值投資方法的訓練。作為投資的一種基礎教育,一眾分析員均通過CFA的課程,並在指導下學習並了解不同行業且安泓及其個人都感興趣的經濟面。一系列安泓獨有的分析工具,讓分析團隊集中影響客戶投資結果的主要因素。

Our strong institutional memory

We believe that our Atlas system provides a level of institutional memory unique to our firm. Using the newest IT advancements, we are able to collate all investment related information into one system. This speeds up analytical turnaround time, and it provides analysts with all of the proprietary information the firm has on an individual stock and the industry in which it competes. We believe these two advantages are key to identifying turnaround companies before the competition.

公司優良的資料系統

安泓相信,我們的Atlas系統提供一套獨一無二的公司資料系統。透過最新的資訊科技技術,我們把所有投資相關的資訊整合至單一系統,加快了處理分析的時間,並為分析團隊提供公司對個別股票及業界競爭對手的獨有信息。我們相信這兩個優點對找出轉虧為盈的公司至關重要。

 

Investment Process

 

投資過程

Sustained investment success is derived from the ability to establish a knowledge advantage in specific niches. In these niches, Admiral seeks to collate deeper knowledge and insights, and then convert that knowledge into investment decisions. Our process is divided into stages: research and valuation, portfolio management, and risk management.

Please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you are interested in the more details on the approach.

投資成功,有賴對特定行業透徹了解。安泓專門研究我們熟識的行業,以爭取對行業深入瞭解,然後將這些知識化為投資決定。過程分為三個階段:研究及估值,投資組合管理,以及風險管理。

如欲了解更多有關程序,請電郵至 This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Research and Valuation

To gather industry and company knowledge, our investment team performs original research, including desktop research, field due diligence, and corporate meetings. Our CIO, for example, has made over 150 investment due diligence trips in the Asia Pacific region. We believe that this level of deep research is the only way to derive a level of knowledge sufficient to maintain a sustained competitive advantage.

研究及估值

為整合對業界及公司的了解,安泓投資團隊自行進行研究,包括基本研究、實地盡職調查和跟公司管理層會議。以我們的投資總監為例,過去曾在亞太區進行逾150次投資盡職調查的實地考際。安泓相信,如此深入的研究程度,是唯一方法去維持我們知識水平的競爭力。

Risk Management

Our risk management process is integral to our overall process. Our portfolio management process reviews investment risks constantly through various portfolio measures and aggregated statistics. Our research process takes into account the risk with each individual stock. We believe this diligent risk management is a key to enhancing investment returns over the short and longer term. On a broader basis, Admiral has an independent advisory committee, which reviews operational risks on a quarterly basis, based on reports from our independent compliance partners. This committee also oversees compliance with various policies and regulatory matters.

風險管理

風險管理過程,是融合在安泓的整體投資過程裏。在投資組合的管理過程裏,我們透過多個管理組合的數字指標及其他綜合的統計指標,不斷監察投資風險。研究過程中,我們亦主動考慮各隻股票的風險。我們相信,盡職的風險管理,是提高短期及長期投資回報的關鍵。另外,安泓亦設有一個獨立顧問委員會,根據獨立的合規伙伴報告,按季檢討營運風險;委員會亦會監督公司,遵守不同政策及監管事宜。

Our Proprietary Analytic Systems

Admiral is committed to investing and developing analytical systems to support our investment theses and the work of our analysts. The goal is to increase the productivity of every analyst so that they can produce the most consistent, accurate, and efficient output. Drawing from the latest technological developments, we have developed three complimentary tools: Starfinder, Octant, and Atlas. All three tools are developed in-house and owned by Admiral.

獨有的分析系統

安泓致力投資及開發我們的分析系統,以實現我們的投資理念,以及支援我們分析員的工作。我們的目標是提升各分析員的生產力,從而得到最一致、準確且有效率的結果。利用最新的技術,我們開發了三種互相支援的工具:Starfinder、Octant及Atlas,三者皆由安泓投資自行研發及擁有。

 

Copyright @ Admiral Investment Limited - 安泓投資有限公司 2016 - General inquiries: inquiries@admiralinv.com

A Hong Kong Securities and Futures Commission licensed entity.  Click here for Admiral Investment's License Record.

香港証監會持牌機構。請按此參閱安泓投資的牌照紀錄