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About Us

Company Background

Pacific Equities & Investments Limited is the first 100% nationally owned company specializing in Investment Management, Fund Administration, Asset Management Services as well as Corporate Finance & Business Advisory Services

The Company was incorporated on 24th August 2001 under the Companies Act of Papua New Guinea and commenced operations on 1st February 2002. The Company’s head office is located on Level 1 Pacific MMI Building, along Champion Parade, Port Moresby.

Pacific Equities & Investments Limited currently has approximately K150 million of funds and assets under management. The Company has a very strong professional team with sound qualifications and many years of experience in Investment Management.

Pacific Equities & Investments Limited is proud to take a strong position in the emerging capital and investment management market in Papua New Guinea as a nationally owned company.

Our Vision

Our Vision is to be a reputable Fund Manager and financial services provider in PNG and the Pacific, providing excellent services to our clients based on sound, professional and ethical principles.

Our Mission &Values

The achievement and maintenance of Our Vision will be built on a commitment in the following areas:

Integrity: Managing other people’s money is our business. Therefore, we are committed to being honest and fair in all our business dealings and develop close, mutually beneficial relationships with individuals and organizations that share our values.

Service: We strive to provide a courteous, understanding and professional service to our clients.

Quality: We strive to continually improve our performance every occasion.

Focus: We remain focused on our business objectives and concentrate on practices that deliver a significant and sustainable competitive advantage and return on investments.

Professionalism: We strive to be known for our character, commitment and competence. We strive to achieve and maintain high standards.

Trust: We manage other people’s money as if it were our own, consistent with our aim of “Helping to Build Your Investment and Wealth.”

Our Services

PEIL provides the following specialized financial services:-

bullet Investment Management
bullet Fund Administration
bullet Asset ( Property ) Management

Investment & Portfolio Management

At Pacific Equities & Investments Limited we create wealth for investors through the application of an active and disciplined approach to investment management. Our investment approach is focused on creating long term above average returns for investors in the Funds under our management while avoiding high risks.

Pacific Equities & Investments Limited Investment team consists of highly qualified and experienced people with experiences in the different investment classes, shares, fixed interest and property. The skills and the extent to which investments are diversified, result in the smoothing of the extreme highs and lows, meaning lower volatility and more consistent performance.

Our investment management services include:

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Investment Analysis

bullet

Portfolio Management & Restructuring

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Property Management

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Project Management, and

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Research

Fund Administration

PEIL also offer Fund Administration services to Unit Trust funds,        and other managed Funds

 

 

 

Assets (Property) Management

The company also provides Property Management services. Members of our property team have vast experience in property management, both in commercial and residential properties. Our property services are:-

bullet Commercial Property Management,
bullet Residential Property Management,
bullet Industrial Property Management,
bullet Property Sales & Leasing (commercial & residential), and
bullet Property Valuation

Corporate Finance & Business Advisory Services

The company’s corporate finance and Business advisory services cover the following areas:-

bullet Feasibility & Due Diligence Studies,
bullet Project & Business Investment Evaluation,
bullet Business, Investment & Asset Valuation,
bullet Equity & Debt Capital Raising for new and existing business,
bullet Investment Banking,
bullet Business Plan,
bullet Market Research,
bullet Company Statutory Returns & Registration,
bullet Credit Worthiness Assessment, and
bullet Financial Investigation

PEIL employs a qualified group of professionals who have many years hands on experience in the area of Investment Analysis & Management and Corporate Finance.

 

 

 

Trustee Services

PEIL is an approved Trustee under Section 72 (1) of the Securities Act 1997. PEIL therefore offers Trustee services to any interested Fund that is established under the Securities Act 1997.

Funds Under Management

bullet Pacific Balanced Fund

PEIL is the Fund Manager of Pacific Balanced Fund ( PBF ) which was formally known as Investments Corporation Fund of Papua New Guinea.

PBF is the first unit trust Fund in PNG and was established in 1973. The Trust Fund was commercialized and Registered under the Securities Act 1997 in January 2002.

The total capital value of the Fund is currently K80 million.

bullet Pacific Property Trust

PEIL is also the Fund Manager for Pacific Property Trust ( PPT ), which is the first property unit trust in PNG that was established in February 2003.


PEIL initiated the capital raising of the Fund through a prospectus in early 2004. As a result, the Fund now has a total asset value of K65 million.

Assets (Properties) Under Management

The company also Manages three (3) premium commercial office complexes, namely Pacific Place (Port Moresby), Pacific MMI Building (Port Moresby) and ANZ House in Lae. Our property management team has many years of experience in property management.

Shown Below are: Toyota Tsuho (PNG) Ltd, one of the Investee companies of PBF;  Pacific Place Building; Pacific MMI Building; and ANZ House Lae are all PPT properties.

 

 

 

 

 

New Products

PEIL is also working on new financial products that will be announced as and when statutory approvals are obtained.

 

Investment Management Style & Strategy

Pacific Equities & Investments Limited believes in and adopts the principles of “Value Investing” with a bottom up approach as its Investment Style.

Value Investing is a principle/philosophy advocated by Benjamin Graham, an American scholar & Fund Manager and is a principle that has been proven to work for many multi-millionaires around the world, especially those who embraced this principle/philosophy in America including Warren Buffet.

Value Investing as a principle/philosophy is about buying equities/stock through a process of thorough Fundamental Analysis of a company’s financial position, financial performance, its future prospects and having knowledge of the company’s management, industry and the Economy overall as if one was buying the whole company.

Value Investing advocates little attention to stock market temperament, and other events that give rise to speculation.

The same principle is applied to Investment Property Asset Acquisitions where a thorough Fundamental Analysis of Income and Expenditure, Future prospects, Quality of tenancy lease agreements, structural & technical are done.

Bottom up approach as adopted by PEIL is about thorough Fundamental Analysis of the company, the industry and the Economy in that order in relation to stock/equity and selection.

Given that the PNG financial markets are not fully developed, available securities are very limited especially in listed stocks and as a result, the market lacks a reasonable level of depth and liquidity.

Available investment opportunities in PNG are largely unlisted and venture capital type in nature.

PEIL considers it prudent and appropriate to adopt a Value Investing Bottom Up Approach as its Investment Management Style.

PEIL is committed to an Active, Disciplined and Structured fundamental approach to stock and asset selection in the case of equities and property as well as an active duration approach to fixed interest securities.

This is line with the company’s values being “Managing other peoples money as if it were our own”.

PEIL has developed specific Investment Policies and Strategies for individual Funds under its management which complements the stated Investment policy in the Respective Trust Deeds.

This enables PEIL to apply a well structured approach to Investment Management of Funds under its management.

PEIL is committed to observing and upholding the Australian Investment Managers Association Code of Ethics where applicable to the PNG Market.

Active Investment management is based on Fundamental Analysis. This involves an assessment of a company’s financial performance and its future prospects. Essential to the evaluation of each company’s financial prospects is a knowledge of the economy, the company’s industry and the company itself.

Our commitment in ensuring and enhancing competent management of funds under our management is further reflected in PEIL’s governance policy statement.

We are committed to observing and upholding the Australian Investment Managers Association Code of Ethics where applicable to the PNG market.
 

You Are Invited

If your aim is to build your wealth through a Fund Manager that applies sound and prudent investment management style and strategy, then talk to us.

You can invest in the above funds under our management or appoint us to manage your investment property.

We have a combined investment management experience of over 50 years to ensure your wealth accumulation and desired investment objectives are achieved through the application of sound investment management strategies.

 

Your Investment Specialists

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Copyright © 2006 Pacific Equities & Investments Limited
Last modified: 03/26/07