About Asia Long-Term Unconstrained
The Martin Currie Asia Long-Term Unconstrained (ALTU) strategy seeks to capture Asian economic growth, through an unconstrained portfolio of 20-40 high quality stocks held for the long-term.
The strategy seeks to capture nominal Asia ex Japan GDP growth – not always reflected in stockmarket returns, by investing in businesses able to grow with the region. Making a long- term capital commitment to compound returns from high quality companies over time.
These businesses are identified by conducting extra due diligence through our accounting diagnostics process and an in-depth assessment of corporate governance.
We aim to invest in businesses that are able to grow with the region, but which more importantly can translate that growth into good returns for shareholders. Acquiring them on a reasonable valuation, based on an in-depth assessment of their long-term potential.
These opportunities are scarce and when we find one, we aim to make a long-term capital commitment – to minimise costs and maximise the positive effect of compounding high returns from good businesses.
The level of conviction in our portfolio is driven by the high hurdles we set, both in the quality of the franchise in which we invest and in finding this quality at a reasonable valuation.
We build unconstrained, concentrated portfolios diversified by country, sector and business maturity. We seek to avoid the permanent erosion of capital by undertaking thorough due diligence on companies including our accounting diagnostic analysis
Portfolio characteristics | Asia Long-Term Unconstrained |
---|---|
Benchmark | Unconstrained |
Performance objective | Capture regional nominal GDP growth |
Market capitalisation | All-Cap |
Forecast tracking error | N/A |
Sector/country allocations | Unconstrained |
Number of stocks | 20-30 |
Maximum active stock weight | 10% or 10% of company ownership |
Portfolio turnover | < 30% p.a. |
Inception | July 2008 |
The characteristics shown are guidelines only and not hard limits.
A compelling prospect for investors
Asia's growth story in recent decades has been impressive and there are exciting prospects for the future.
Andrew Graham
Head of Asia Long-Term Unconstrained
Investment team
The Asia team combines a range of experience gained from different industry backgrounds including portfolio management, accountancy and private equity. Their approach is collegiate and all members of the Asia team share the responsibility for idea generation, stock research and portfolio construction.

Andrew Graham
- Job title
- Head of Asia
- Experience
- 35 years

Michael Millar
- Job title
- Portfolio Manager
- Experience
- 29 years

Jes Goh
- Job title
- Portfolio Manager
- Experience
- 16 years

Tom Wills
- Job title
- Portfolio Manager
- Experience
- 10 years

Zhang Yu
- Job title
- Investment Analyst
- Experience
- 6 years
We take a genuinely long-term view on every investee companies development prospects.
How to invest
Please contact us to discuss the most appropriate investment to meet your requirements.
How to invest
Martin Currie is a Specialist Investment Manager of Franklin Resources Inc, operating as Franklin Templeton.
Franklin Templeton is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Franklin Templeton website.
How to invest
Martin Currie is a ‘Specialist Investment Manager’ within the Franklin Templeton group.
Franklin Templeton is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Franklin Templeton website.
How to invest
Martin Currie is a ‘Specialist Investment Manager’ within the Franklin Templeton group.
Franklin Templeton is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Franklin Templeton website.
Funds available
Through our parent company, Franklin Templeton, investors are offered access to the below funds.
FTGF Martin Currie Asia Long-Term Unconstrained Fund
FTF Martin Currie Asia Unconstrained Fund (UK-domiciled ICVC)
Funds available
Through our parent company, Franklin Templeton, investors are offered access to the below fund.
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