The fundie investing in ‘the Microsoft Office of China’

When China cracked down on listed tutoring businesses and cut them off from foreign capital, the reverberations were felt by all outside investors in mainland Chinese equities.

For the co-manager of Platinum’s 18-year-old Asia ex-Japan fund, Cameron Robertson, the response was not so much of shock but acceptance that sometimes regulatory rulings will be harsher than expected. He suspects China’s interests in promoting equality in education are not too dissimilar to the social debates raging in the trendy Bay Area of San Francisco, or rights for American gig workers under the now failed proposition 22.