Apollo Asia Fund
Reports and feature
articles
By Claire Barnes:
- 6 Oct 24 The heat is on: 3Q24 report for Apollo Asia Fund
- 2 Jul 24 A multipolar world: 2Q24 report for Apollo Asia Fund
- 10 Apr 24 Maintenance & mitigation: 1Q24 report for Apollo Asia Fund
- 18 Mar 24 Giordano under attack: please vote! Also of interest to strategic investors
- 8 Jan 24 Cherish the reef-dwellers: 4Q23 report for Apollo Asia Fund
- 12 Oct 23 Climate change goes bananas: 3Q23 report for Apollo Asia Fund
- 26 Jul 23 Tipping points & the quest for resilience: 2Q23 report for Apollo Asia Fund
- 16 Apr 23 The psychology of risk, value of diversification, & quest for resilience: 1Q23 report for Apollo Asia Fund
- 28 Jan 23 Gradually, and then suddenly. Inexorable,
arithmetical, consequence of steady growth: the Hemingway Decline
- 16 Jan 23 Taking stock at the end of a Tiger Year: 4Q22 report for Apollo Asia Fund
- 28 Nov 22 Scientex Packaging: the 2022 AGM
- 10 Oct 22 Turbulent times: 3Q22 report for Apollo Asia Fund
- 3 Jul 22 New era, same approach: 2Q22 report for Apollo Asia Fund
- 6 Apr 22 Carrying on in dangerous times: 1Q22 report for Apollo Asia Fund
- 10 Jan 22 Eco-blowback: 4Q21 report for Apollo Asia Fund
- 23 Dec 21 Daibochi: the Christmastide AGM
- 4 Oct 21 Markets surfing, psychological perils below: 3Q21 report for Apollo Asia Fund
- 25 Sep 21 Oil palm & climate change: recommendations for companies & for government
- 16 Sep 21 Here we go again. Preying on fear - Pirates of the Dai-bo-chi
- 16 Jul 21 Sustainability claims and delusions: 2Q21 report for Apollo Asia Fund
- 22 Apr 21 Rips in the fabric: 1Q21 report for Apollo Asia Fund
- 17 Jan 21 Sustainability stories: 4Q20 report for Apollo Asia Fund
- 10 Oct 20 The achievements of AirAsia
- 8 Oct 20 Never dull: 3Q20 report for Apollo Asia Fund
- 23 Jul 20 Change and adaptation: 2Q20 report for Apollo Asia Fund
- 16 Apr 20 Living with COVID-19: 1Q20 report for Apollo Asia Fund
- 17 Jan 20 Strong business performance, masked by derating: 4Q19 report for Apollo Asia Fund
- 28 Oct 19 Feeling the stones: 3Q19 report for Apollo Asia Fund
- 10 Jul 19 Compound growth and accelerating decline, "Hemingway decline": 2Q19 report for Apollo Asia Fund
- 8 Apr 19 Independent thinking in the Co-Prosperity Sphere: 1Q19 report for Apollo Asia Fund
- 7 Jan 19 Flexible investments: 4Q18 report for Apollo Asia Fund
- 23 Oct 18 What really matters? 3Q18 report for Apollo Asia Fund
- 9 Jul 18 The New Malaysia: 2Q18 report for Apollo Asia Fund
- 1 Jul 18 The Vard saga continues
- 20 Apr 18 Impoverishment and annihilation? 1Q18 report for Apollo Asia Fund
- 15 Apr 18 Forced and unfair delistings: the Vard case
- 12 Jan 18 Remodelled landscapes: 4Q17 report for Apollo Asia Fund
- 16 Oct 17 Dollar hegemony: the beginning of the end? 3Q17 report for Apollo Asia Fund
- 18 Jul 17 Growth in the String of Pearls: 2Q17 report for Apollo Asia Fund
- 9 Apr 17 A less predictable world: 1Q17 report for Apollo Asia Fund
- 9 Apr 17 Suggestions for the Vietnamese stock market
- 16 Jan 17 Company management and the unforeseen: 4Q16 report for Apollo Asia Fund
- 25 Oct 16 Muzzled tigers: 3Q16 report for Apollo Asia Fund
- 31 Jul 16 Hoping for alpha: 2Q16 report for Apollo Asia Fund
- 6 May 16 A modest proposal with respect to Kafka: Reducing the costs of KYC documentation
- 20 Apr 16 Kafka's costs: 1Q16 report for Apollo Asia Fund
- 16 Jan 16 Upheaval and new perspectives: 4Q15 report for Apollo Asia Fund
- 8 Oct 15 Tides and tsunamis: 3Q15 report for Apollo Asia Fund
- 25 Sep 15 Deficiencies in the sustainability reports of APRIL and APP
- 13 Jul 15 Stormy macro, reassuring micro: 2Q15 report for Apollo Asia Fund
- 9 Jul 15 Capitalism
with Communist Characteristics
- 12 Apr 15 Lower growth & challenging markets: 1Q15 report for Apollo Asia Fund
- 9 Jan 15 Headwinds now, major changes ahead: 4Q14 report for Apollo Asia Fund
- 19 Oct 14 FX headwinds & unheeded duties of care: 3Q14 report for Apollo Asia Fund
- 3 Jul 14 Coal-fired growth: 2Q14 report for Apollo Asia Fund
- 20 Jun 14 Considering oil palm plantations
- 18 Apr 14 World in flux: 1Q14 report for Apollo Asia Fund
- 10 Jan 14 The next three decades may be different: 4Q13 report for Apollo Asia Fund
- 3 Oct 13 Overcomplexity to dysfunctionality: 3Q13 report for Apollo Asia Fund
- 7 Jul 13 Ominous tremours: 2Q13 report for Apollo Asia Fund
- 6 Apr 13 Good governance is vital: 1Q13 report for Apollo Asia Fund
- 22 Jan 13 Gaps in the canopy: suggestions for HSBC's forest policy
- 16 Jan 13 Markets expensive, complacency dangerous: 4Q12 report for Apollo Asia Fund
- 12 Oct 12 Cognitive dissonance: 3Q12 report for Apollo Asia Fund
- 16 Jul 12 The imprecision of vital statistics: 2Q12 report for Apollo Asia Fund
- 4 Mar 12 Nifty valuations: 1Q12 report for Apollo Asia Fund
- 8 Jan 12 The primacy of resilience: 4Q11 report for Apollo Asia Fund
- 16 Oct 11 Not a normal cycle: 3Q11 report for Apollo Asia Fund
- 26 Jul 11 Open letter to Securities Commission Malaysia: feedback on Corporate
Governance Blueprint 2011
- 22 Jul 11 Bureaucracy and overcomplexity: 2Q11 report for Apollo Asia Fund
- 8 Apr 11 World in upheaval: 1Q11 report for Apollo Asia Fund
- 8 Jan 11 Unsustainable growth: 4Q10 report for Apollo Asia Fund
- 8 Oct 10 More bull: 3Q10 report for Apollo Asia Fund
- 4 Jul 10 Real-world turbulence, market lull: 2Q10 report for Apollo Asia Fund
- 5 Apr 10 Limits to growth:
1Q10 report for Apollo Asia Fund
- 23 Mar 10 Energy for Asia:
an overview
- 11 Jan 10 Dangerous times:
4Q09 report for Apollo Asia Fund
- 5 Oct 09 Vertigo again:
3Q09 report for Apollo Asia Fund
- 6 Jul 09 A major bounce:
2Q09 report for Apollo Asia Fund
- 7 Apr 09 Falling prices,
long-term value: 1Q09 report for Apollo Asia Fund
- 6 Jan 09 Tortoise still
crawling: 4Q08 report for Apollo Asia Fund
- 6 Oct 08 Crisis and opportunity:
3Q08 report for Apollo Asia Fund
- 7 Aug 08 Thai dividend taxation
and NVDRs
- 13 Jul 08 Tectonic shifts:
2Q08 report for Apollo Asia Fund
- 10 Apr 08 The turn of the stockpicker:
1Q08 report for Apollo Asia Fund
- 11 Jan 08 More interesting times:
4Q07 report for Apollo Asia Fund
- 8 Oct 07 Complacency and euphoria:
3Q07 report for Apollo Asia Fund
- 6 Jul 07 The fully-invested bear:
2Q07 report for Apollo Asia Fund
- 13 Apr 07 The case for long holidays:
1Q07 report for Apollo Asia Fund
- 6 Jan 07 Thai-phoon battered:
4Q06 report for Apollo Asia Fund
- 6 Oct 06 Snakes & ladders:
3Q06 report for Apollo Asia Fund
- 5 Jul 06 To the top and down:
2Q06 report for Apollo Asia Fund
- 7 Apr 06 Climbing a wall of irritations:
1Q06 report for Apollo Asia Fund
- 7 Jan 06 Slower growth, relative value:
4Q05 report for Apollo Asia Fund
- 4 Oct 05 Liquidity and haze:
3Q05 report for Apollo Asia Fund
- 5 Jul 05 Calm before the storm?
2Q05 report for Apollo Asia Fund
- 4 Apr 05 Limitations in a growing
investible universe: 1Q05 report for Apollo Asia Fund
- 7 Jan 05 A time to recognise
good fortune: 4Q04 report for Apollo Asia Fund
- 10 Oct 04 Northeast monsoon approaching:
3Q04 report for Apollo Asia Fund
- 9 Oct 04 Financial disclosure:
simple improvements for Asian markets
- 6 Jul 04 Relative calm: 2Q04
report for Apollo Asia Fund
- 4 Apr 04 Risk warnings still
in force: 1Q04 report for Apollo Asia Fund
- 7 Jan 04 Fun while it lasts:
4Q03 report for Apollo Asia Fund
- 4 Oct 03 Rise extended: 3Q03
report for Apollo Asia Fund
- 4 Jul 03 Apollo in wonderland:
2Q03 report for Apollo Asia Fund
- 6 Apr 03 Turbulent times, but
underlying growth continued: 1Q03 report for Apollo Asia Fund
- 10 Mar 03 Pirates attempt to seize
whole Armada: pitfalls of investing in Malaysia
- 3 Jan 03 A new high & cautious
optimism: 4Q02 report for Apollo Asia Fund
- 17 Oct 02 Relative resilience: 3Q02
report for Apollo Asia Fund
- 8 Jul 02 A good harbour: 2Q02
report for Apollo Asia Fund
- 4 Apr 02 Awash with liquidity:
1Q02 report for Apollo Asia Fund
- 4 Jan 02 Steady as she goes:
4Q01 report for Apollo Asia Fund
- 10 Oct 01 Resilience in adversity:
3Q01 report for Apollo Asia Fund
- 5 Jul 01 Prices more volatile,
value still compelling: 2Q01 report for Apollo Asia Fund
- 3 May 01 Opportunities for selective
investors in Asia: article for the Gloom, Boom & Doom Report
- 13 Apr 01 Earnings yield 19%; some
risk discounted: 1Q01 report for Apollo Asia Fund
- 5 Jan 01 High seas now evident
- how we navigate: 4Q00 report for Apollo Asia Fund
- 10 Oct 00 Tidal waves forecast, two
stocks revisited: 3Q00 report for Apollo Asia Fund
- 6 Jul 00 Price stagnation, sensational
valuation: 2Q00 report for Apollo Asia Fund
- 9 Apr 00 A Pacific Century -
if not for Cyberworks: 1Q00 report for Apollo Asia Fund
- 9 Jan 00 Excellent values for
interesting times: 4Q99 report for Apollo Asia Fund
- 11 Dec 99 Angel of mercy, or falling
angel? Strange happenings at Quality HealthCare
- 14 Nov 99 Apollo Asia Fund:
key terms & summary of features (updated 21 Oct 02)
- 18 Oct 99 Interesting times ahead!
& hence, opportunity: 3Q99 report for the Apollo 001 Fund
- 16 Sep 99 Opacity, the Asian way?
Stock exchange responsibilities on disclosure
- 6 Sep 99 The all-way case for
Asian investment
- 5 Sep 99 Our type of company
- and our type of valuation. A two-stock comparison
- 5 Sep 99 UAF & Euroclear:
lessons and issues
- 4 Sep 99 More on dollar cost
averaging
- 27 Jul 99 After gains, value persists:
2Q99 report for the Apollo 001 Fund
- 6 May 99 Portfolio value:
an update
- 30 Apr 99 Investment grade markets,
and the imperatives of the herd
- 18 Apr 99 Value, not momentum:
extracts of 1Q99 report for the Apollo 001 Fund
- 3 Mar 99 Perfidious Thais
- 16 Jan 99 The benefits of dollar cost
averaging
- 16 Jan 99 How good is the investment
case for Asia now?
- 31 Dec 98 Extracts of manager’s 4Q98
report for the Apollo 001 Fund
- 27 Dec 98 Nuggets on rereading my book,
Asia's Investment Prophets
By others: