About Us

Disciplined, Dedicated, Logical

ROCIM, which stands for Return On Capital Investment Management, was founded in 2007 by seasoned Asian based, Asian raised, internationally educated investment professionals. We aim to deliver consistent positive returns in all kinds of market conditions through flexible investment styles, proactive portfolio management practices, and responsive trading strategies. We believe that while Asia will continue to deliver superior economic growth compared to other regional markets, returns will likely be volatile. As such, we adapt our investment styles under different stages of market cycle. Over the course of the last few years, through careful portfolio management of long, short and cash positions, active trading and control of portfolio liquidity, we have demonstrated that we are capable of delivering positive absolute returns in all kinds of market conditions.

Biography of Directors

Mr. Walter CHANG

Walter is the co-founder of ROCIM Limited and the portfolio manager for ROCIM Asia Opportunity Fund.

Walter has over 31 years of experience in the financial industry. He was a Director of Asian Equity Sales in Credit Suisse (Hong Kong) Limited. Walter started his career as equity analyst in 1993 with Smith New Court (Far East) Limited and Kleinwort Benson. He changed his role to institutional sales in 1996 and had spent 11 years working with CLSA, UBS and Credit Suisse.

In Credit Suisse, Walter was nominated by Asiamoney Magazine as Number 1 Institutional Salesperson in HK market from 2004-2006, Number 1 Salesperson in Hedge Fund coverage in China market in 2006 and Number 1 in Overall coverage in China Market in 2004.

Walter holds the Bachelor of Engineering (Civil) degree from University of New South Wales and Master of Applied Finance degree from Macquarie University, Sydney, Australia.

Mr. Kim PAO

Kim is the Head of Research of ROCIM Limited, and one of the co-founders of the Company.

Kim has over 24 years of research experience in both equity and debt markets. He was previously employed as the Head of Research at Argyle Street Management, an Asian based distressed assets/special situations fund based in Hong Kong. Prior to that, he was with JP Morgan’s Asian convertible desk as Vice President in research. Between year 2000 to 2004, Kim was a sell side research analyst covering various Asian technology, industrials and telecom companies. He was an electronic design automation engineer in North America before joining the financial industry.

Kim holds a bachelor’s degree and a master’s degree in engineering from California Institute of Technology and Dartmouth College, as well as a MBA degree from University of Chicago.