With the U.S. election outcome stirring markets, Alvia is on the hunt for pockets of value. US equities have rallied, leaving many international markets trailing. This divergence presents distinct opportunities in often-overlooked areas, particularly China, where US tariff fears have suppressed the market.
Rather than focusing on export-driven plays, we’re prioritising China’s internal consumption story. Take ANTA Sports (HKG:2020) for example – a company with industry-leading margins and steady 10% annual growth, without relying on export revenues. Currently trading at a material discount to its Western peers, ANTA reflects an undervaluation driven by broader market sentiment, as Alvia Portfolio Manager, Chris Scarpato, shared with Juliette Saly on ausbiz.
Opportunities like these, where short-term sentiment deters others, are where we uncover real long-term value. At Alvia, our focus remains on high-quality companies, even when that means taking a contrarian stance.
Watch the interview below.