About

Founded

2003

Headquarters

London, England

Affiliate Since

2014

About

Founded in 2003, Veritas Asset Management is a leading Global and Asian equities manager. The firm manages both funds and segregated portfolios for institutional and retail investors globally. The focus is on identifying good quality, sustainable businesses and remaining patient to buy into these companies at the right entry point in order to achieve long-term real returns.

AMG Products from this firm

MSEIX

Veritas Asia Pacific Fund

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MIMFX

Veritas China Fund

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MFQAX

Veritas Global Focus Fund

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BLUEX

Veritas Global Real Return Fund

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Approach & Philosophy

Philosophy and Approach

Philosophy

Veritas seeks to generate strong investment performance for its clients through the Veritas Real Return Approach, an investment philosophy focused on protecting and growing the real value of clients’ capital, always analyzing potential investments through fundamental research with a strong value discipline, and on an absolute basis rather than relative to any benchmark or index.


Approach

Since its foundation in 2003, the Veritas approach has been built upon two founding principles of Real Returns and Partnership.

Real Returns

We manage money on behalf of clients following our Veritas Real Return Approach, implemented by an investment team with substantial experience and a proven long-term track record. The approach demands that all potential investments are analysed on an absolute basis rather than relative to any benchmark or index. The focus is on protecting and growing clients’ capital in real terms, with exceeding an equity benchmark a fall out of that process.

Partnership

Our business is run with a partnership structure and culture. We align our interests as owners in partnership with our clients. Our partners and employees are invested alongside our clients on the same terms. We are an investment-led organization that controls the growth of our business. It’s important to us that clients fully understand our approach and share a similar objective or mind-set.


Portfolio Managers

Portfolio Managers

Andrew Headley

FUND MANAGER AND HEAD OF GLOBAL

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Xiaoyu Liu

CO-PORTFOLIO MANAGER OF CHINA FUND

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Mike Moore

FUND MANAGER AND ANALYST

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Ezra Sun

FUND MANAGER AND HEAD OF ASIA

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Insights

Insights

Chinese Consumption

Chinese Consumption: The Missing Link

At 54.5% in 2021, China’s consumption rate as a percentage of GDP is relatively low compared to other developed countries. Contributing factors include high savings rates, income inequality, and government policy.

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Could Chinese Equities Stage a Strong Comeback in 2023?

Attractive valuations coupled with key policy changes are likely to result in 2023 being a bullish year for Chinese equities.

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Navigating the U.S.-China Divide

Decoupling, self-sufficiency, self-reliance: These are common terms used to describe the various elements of the deglobalisation between the U.S. and China.

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