Foundation Asset Management (www.famfundgroup.com) is regulated by the SFC, founded in 2006 by the visionary Michael Liang and seeded by the family office of UOB. Foundation remains one of the longest standing China hedge funds with over 15 years of solid track record and a current AUM exceeding US$1 billion. It has proven to withstand, outperform and navigate beyond numerous global volatilities. Led by Michael Liang’s unique experience and knowledge across cycles and cultures, with global perspective combined with deep understanding of China, both key drivers in this outperformance, especially in crisis situations such as 2008, March 2020 and 2021. Our China Fund has won"Best China Fund" nominations and awards by AsiaHedge, HFM, BarclayHedge, Bloomberg, Hedge Fund Awards and Investors Choice Awards.

With the success of the Foundation China Opportunity Fund, Foundation launched a mutual fund in 2019: Foundation China Equity Fund. Investing in equities issued by companies incorporated in China or which have significant operations/profits from China, listed in HK, China and US ADRs. It generates quality returns over the long term, with focus on liquidity, lower volatility and transparency.

In 2020 the launch of the second mutual fund: Foundation Global Income and Growth Fund and also a UCITS fund, partnered with China Merchant Bank and China Construction Bank. A Comprehensive multi-asset strategy that aims to provide income distribution and long-term capital growth. Renowned for its downside protection, liquidity and transparency, the strategy is one of the very few that recorded a positive return during the 2020 COVID-19 bear market.

Foundation’s success comes from its mission and investment philosophy. The mission is to achieve “Quality” returns over the long term. “Quality” on conviction and discipline rather than mindlessly chasing returns. Value is the foundation of our investment philosophy. We apply our proprietary fundamental framework to identify these opportunities, with focus on cash flows, market-implied expectations and margin of safety.