Gavin Ma

Gavekal Capital Ltd. (Gavekal) is an independent fund management firm headquartered in Hong Kong. The firm was founded in 2002 by Louis-Vincent Gave, Charles Gave and Anatole Kaletsky. They started as an independent research firm, added fund management to their activities in 2005 and started offering data analysis services in 2008. Gavekal manages the assets of Gavekal Funds and Sub-funds as well as several managed accounts for institutional clients and a separately managed account in the form of Cayman Islands Funds.

Wellington Management Co. LLP (WMC) is a registered investment advisor and mutual fund manager headquartered in Boston, Massachusetts. The firm was founded in 1928 and is a subsidiary of Wellington Investment Advisors Holdings LLP, ultimately held by Wellington Management Group LLP. WMC offers investment management services for a fee to separate account clients and mutual funds sponsored by unaffiliated parties, as well as to investment vehicles that the firm sponsors.