Seeking durable alpha capture in Emerging Asia

Minerva Asset Advisors focuses on identifying value disconnects within institutionally under owned and orphaned listed assets. Our ownership sensitivity revolves around accounting clarity, structural clarity,and absolute value,while also offering free or near-free embedded optionality (through mispriced idiosyncrasies. Typically, our books comprise of 10-20 names, with rare opportunistic investments. Over more than a decade and half of allocation, we have largely preferred to camp ourselves at the smaller end of smallcaps. We have also debunked the narrative that investing in this space necessarily comes with elevated volatility.  Value asymmetricity lies at the core of our work.