Former Schroders 18-Year Veteran & Portfolio Manager Richard Firth Closes Long-Only Asia ex-Japan Boutique Fund Firth Investment Management after 17 Years, Founded Firth Investment Management in 2007 in Singapore as CEO & CIO, Invests in Under-Appreciated & Mispriced Small Cap Stocks in Asia ex-Japan
4th March 2025 | Hong Kong
Former Schroders 18-year veteran & portfolio manager Richard Firth has closed his long-only Asia ex-Japan boutique fund Firth Investment Management after more than 17 years (Cessation: 10/2/25). Richard Firth founded Firth Investment Management in 2007 as CEO & CIO, with the fund investing in under-appreciated & mispriced small cap stocks in Asia ex-Japan. Richard Firth was with Schroders for 18 years (1989 to 2007), holding investment roles including as Portfolio Manager for Korea & Asian equities, Portfolio Manager for Asia ex-Japan small cap, and CIO Korea. Firth Investment Management is an independent, long-only, active investment manager specialising in listed Asia ex-Japan equities. We are privileged to serve accredited and institutional investors. We offer two investment strategies to our clients: Asia ex-Japan small cap (smaller companies) equities and Asia ex-Japan systematic equities. We also offer bespoke quantitative design services on an advisory basis. We consider that Asia ex-Japan equity markets are not consistently efficient and that an investment process utilising fundamental research and quantitative analytical tools can deliver a better return and risk outcome over time compared to regional equity benchmarks. The firm is incorporated in Singapore and regulated by the Monetary Authority of Singapore. The firm holds a Capital Markets Services Licence. The firm was founded in 2007 by Richard Firth who observed an opportunity for an independent specialist firm to manage Asia ex-Japan small cap (smaller companies) portfolios. The Firth Asian Smaller Companies strategy was launched in 2008. A second strategy, Firth Asian Systematic Equities was launched in 2016 as a consequence of quantitative research conducted by Hamish Macalister. In 2019 Firth began accepting clients for quantitative design services on an advisory basis.
“ Former Schroders 18-Year Veteran & Portfolio Manager Richard Firth Closes Long-Only Asia ex-Japan Boutique Fund Firth Investment Management after 17 Years, Founded Firth Investment Management in 2007 in Singapore as CEO & CIO, Invests in Under-Appreciated & Mispriced Small Cap Stocks in Asia ex-Japan “
Former Schroders 18-Year Veteran & Portfolio Manager Richard Firth Closes Long-Only Asia ex-Japan Boutique Fund Firth Investment Management after 17 Years, Founded Firth Investment Management in 2007 in Singapore as CEO & CIO, Invests in Under-Appreciated & Mispriced Small Cap Stocks in Asia ex-Japan

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