Methodology

Judging Flow

Judging Criteria

Section Maximum Points
Investment Summary Coherent and sufficient summary of salient points supported by financials. 20
Industry Overview & Competitive Positioning In-depth overview of the companies positioning and/or competitors. A comprehensive description of company's economic advantage and its competitive positioning with facts and figures. 15
Valuation Substantiated industry information to support valuation. 20
Financial Analysis Complete financial analysis to support recommendation. 20
Investment Risks Important risk factors are disclosed to support conclusion. 15
Others Business description or other crucial information. 10
Total   100
Section Score
Investment Summary 20
Industry Overview & Competitive Positioning 25
Financial Analysis 15
Investment Risks 15
Actionable Idea 10
Others (Individual company writeup/ Graphics / Presentation) 15
Total Score 100
Minimum number of nominations 2 sector reports and 2 single company reports
Scoring 50/50 from single company report and sector report category
Average of all the reports from the same house
For those reports managed to go to the final round: 25% from the average of final round grading while 75% from the average of first round grading

Judges

Final Round Judges
Linda Csellak, CFA
Head of Asia Pacific Equities
Manulife Asset Management

Linda oversees primarily Asia-Pacific small cap equity portfolios. As lead manager of the firm's small-cap capabilities, she works closely with the investment professionals of the ten local asset management offices of the firm throughout Asia.

Linda began her Asian equity career in Hong Kong in 1995, spending four years with a specialist Hong Kong-based boutique fund. She later spent six years at Credit Agricole Asset Management (Amundi), where she managed Asian including Japanese equity mutual and pension funds. Prior to joining Manulife Asset Management, she managed an Asia-Pacific long-short strategy at Ballingal Investment Advisors.

Linda holds a Bachelor of Arts, Phi Beta Kappa, from The College of William and Mary in Virginia, USA. She is a past director of the Hong Kong Society of Financial Analysts Limited and a former member of several CFA Institute Committees, including Asia Pacific Advocacy, Disciplinary Review and Candidate Curriculum.

Rajendra Nair, CFA
Managing Director

Country Specialist and Portfolio Manager,
Emerging Markets & Asia Pacific Equities Team
J.P.Morgan Asset Management

Rajendra Nair, managing director, is a country specialist and portfolio manager in the Emerging Markets and Asia Pacific (EMAP) equities team of J.P.Morgan Asset Management in Hong Kong. He has been with the team for over 13 years. Prior to this, he was in the Futures & Options business of J.P.Morgan Securities in India. Raj obtained a Bachelor’s degree in Commerce (B.Com) from D.G. Ruparel College, University of Mumbai. He is also an Associate Chartered Accountant (ACA) with the Institute of Chartered Accountants of India (ICAI) and a certified financial risk manager (FRM) with the Global Association of Risk Professionals Inc. He is also a CFA Charterholder.

Paddy Ran
Director, Portfolio Manager
China Life Franklin Asset Mgt Co.

Paddy Joined China Life Franklin Asset Mgt Co. in 2014, and now is a portfolio manager managing 4 portfolios with different strategies including Equity-Fixed income Balanced fund and full equity funds with mostly focusing on Hong Kong and US markets. In 2017, Green Blue Special Opportunity Fund, one of the funds he manages won the prize of 2nd run-ups of Best Total Returns of Multi-assets funds in China off-shore fund award 2017. Before joining China life Franklin Assets Mgt Co., Paddy was an experienced sell side analyst covering China Financial Industries worked for Citigroup, Nomura and Fox-Pitt Kelton in HK since 2006.

Paddy holds an M.B.A., from Chinese University of Hong Kong, a bachelor of International Accounting from Shanghai University of Finance and Economics.

First Round Judges
Jaime Chou, CFA
SPDB International Investment Management Ltd
Dave Dai, CFA
Credit Suisse
Eric Kwan, CFA
Seasoned Industry Practitioner
Alan Lau, CFA
China Everbright Limited
Alex Lee, CFA
China Life Insurance (Overseas)
Ho Tak Lee, CFA
Pickers Capital Management Limited
Joe Lin, CFA
Seasoned Industry Practitioner
Patrick Ma, CFA
Admiral Investment Limited
Dominic Soon, CFA
Seasoned Industry Practitioner