Third Avenue Management is betting heavily on investments in Hong Kong according to President and CEO David Barse.
Forty percent of the firm's main fund are located in Hong Kong companies because some of the best and least known blue chips are there.
"They're fantastic companies with great balance sheets fantastic assets inside those balance sheets, management teams that are owners and not just operators of the business," Barse said. "In our view, currently, we think the growth opportunities in Hong Kong with their development lines into mainland China and other assets that they own and control are better than what the US economy's growth opportunities are."
Watch Barse's complete comments in the video below.