Active growth manager specialising in Asian-specific products

Hamon manages a range of portfolios investing in Asia including Japan and India. The firm possesses an extensive range of relationships as well as on-the-ground joint ventures and associates throughout the area, and a focused client base consisting of pension funds, financial institutions, trusts and private investors. Hamon's experienced investment professionals are Asian nationals who have an in-depth knowledge of the region's countries, and are fluent in a large number of Asian languages and dialects.

• Headquartered in Hong Kong with offices and affiliates in Shanghai, Mumbai and Jakarta
• Founded in 1989
• Assets under management US$1.8 billion^*
• Mellon owns 19.9% of Hamon
• Asian-specific growth specialist manager
• Investment team made up of Asian nationals with in-depth knowledge of the region and fluency in local languages
• Open and closed end funds as well as segregated portfolios

• Invests in companies across Asia that exhibit high sustainable growth rates and attractive valuations relative to the market and their sector
• In-depth country/market specialisation
• Aims to provide superior returns for investors over the long term
• Team-orientated approach

• Equal weight given to stock selection and the strategic allocation of assets between markets
• Utilises both a top-down approach (focusing on macroeconomic and political factors in each country) and a bottom-up approach (concentrating on company-specific factors, such as ability to generate strong and consistent cash flow, management quality, industry leadership and strong brand recognition)
• Regular visits by fund managers to companies around Asia
• May deviate significantly from relevant indices when the assessment of risk/opportunity dictates
• Risk control

Mellon owns a minority interest in Hamon

^{* Source: Hamon Investment Group as at 30 June 2007}