Singapore and Hong Kong remain the top two cities visited by Asian companies in 2020, according to research for the 11th annual Global Roadshow Report from IR Magazine.
The two Asian finance hubs are also the only cities to have been visited by a majority of companies for in-person roadshows during the research period, which covered the last two quarters of 2019 and the first two of 2020 as the world went into Covid-19 lockdown.
The Asia top 10 list – which actually comprises 12 destinations because 10th place is shared by three cities – is the most diverse of the regions studied. Six of the cities on the list are in either the US or Europe. Neither of the top 10 destination lists for North America or Europe feature a single Asian city. In fact, the European top 10 features only four US cities and the North American top 10 features just London from outside the region.
Three new entries
Outside of the usual roadshow destinations to top the list for Asian firms, three new cities have made the top 10: Kuala Lumpur in fifth place, Shanghai in ninth and Taipei (sharing 10th place with Edinburgh and Frankfurt).
IHS Markit has shared some numbers on the biggest institutions by assets for those three cities. Click here for more information or to download your copy of the Global Roadshow Report 2020, which, as well as global and regional roadshow destination lists, also features research on the most-used brokers for both in-person and virtual roadshows, plus insights into what makes an impressive roadshow and how companies approached ESG roadshows.
Kuala Lumpur: Fifth place
| Institution name | Estimated assets under management ($ mn) | Dominant style | Orientation | Turnover |
| Employees Provident Fund | $41,896 | Value | Active | Low |
| Permodalan Nasional | $23,426 | Yield | Active | Low |
| Khazanah Nasional | $15,830 | Growth | Active | Low |
| Kumpulan Wang Persaraan | $13,551 | Growth | Active | Low |
| Public Mutual | $12,537 | Growth | Active | Medium |
Shanghai: Ninth place
| Institution name | Estimated assets under management ($ mn) | Dominant style | Orientation | Turnover |
| China Universal Asset Management Company | $42,009 | Aggressive growth | Active | Medium |
| Fullgoal Fund Management Company | $35,787 | Growth | Active | Medium |
| Aegon Industrial Fund Management Company | $26,101 | Growth | Active | Medium |
| HuaAn Fund Management Company | $25,420 | Growth | Active | Medium |
| Ping An Asset Management Company | $24,697 | Speciality | Active | Low |
Taipei: joint 10th
| Institution name | Estimated assets under management ($ mn) | Dominant style | Orientation | Turnover |
| Cathay Life Insurance Company | $14,848 | Growth | Active | Low |
| Bureau of Labor Funds | $10,669 | Growth | Active | Low |
| Nan Shan Life Insurance Company | $9,774 | Garp | Active | Medium |
| Fubon Life Insurance Company | $9,744 | Growth | Active | Low |
| Cathay Securities Investment Trust Company | $3,152 | Growth | Active | Very high |
All investor data provided by IHS Markit and correct as of February 19, 2021
Garnet Roach
An award-winning journalist, Garnet Roach joined IR Magazine in October 2012, working on both the editorial and research sides of the publication. Prior to entering the world of investor relations, her freelance career covered a broad range of...
