ANTHONY COLE, CFA

Flat D, 1/F, Block 15 Park Island, 8 Pak Lai Road Ma Wan, Hong Kong +361-730-2804 AnthonySCole@schaffner.cn

F I N AN C E P R O F E S S I O N A L
P ORTFOLIO MANAGEMENT & E QUITY RESEARCH Investment Professional driven by a passion for market analysis and finance management and an unyielding desire to reach ambitious goals and outperform competitors; Possesses over 9 years of extensive experience in portfolio management and finance research with key expertise in equities but nonetheless high competence levels with options, futures, convertibles, commodities, fixed income and structured products; Dynamic individual who has accumulated exemplary documented success in a multicultural work environments across in 3 different continents for both private and institutional clients while maintaining unquestionable integrity and loyalty; Complete understanding of macroeconomic factors with strong analytical skills and a visionary perspective that is able to accurately identify good companies and investments. KEY ACHIEVEMENTS Seizing opportunities: Correctly predicted the strong rally in the Hong Kong market in 2007 and launched a basket that captured it, performing +76% since inception to downgrade. Products close to CHF 100 mn assets at one point and made a significant fee contribution for the bank while also contributing to the alpha of individual portfolios (Lombard Odier Darier Hentsch (Asia) Ltd., Hong Kong) Product Development: Launched the first fund in Switzerland that invests in futures for physical commodities and commodity related stocks, raising USD 28 mn which lead to the acquisition of two new institutional clients; Developed and managed a Commodity Fund which invests directly into commodities through collaterized futures and options, as well as into commodity related shares, acquiring USD 28 mn for the fund that grew to nearly USD 40 mn by year end Strong analytical skills: Issued a successfully preemptive negative call for the regions and for equities in the late fall of 2007 (Lombard Odier Darier Hentsch (Asia) Ltd., Hong Kong) Outperformance: Performance outstandingly well for both direct clients and institutional employers in previous roles (47% over 5 years at DJS, 3.6% for Gateway Natural Resources, 32% for LODH China Liberation Basket)

CAREER SUMMARY Lombard Odier Darier Hentsch (Asia) Ltd., Hong Kong Investment Analyst, Asia ex Japan DJS Consulting Ltd. (changed the name Gateway Capital Consulting), Basel Portfolio / Fund Manager Credit Suisse Private Banking, Basel & Zurich Junior Portfolio Manager Corporate Actions Winterthur International, Sydney Internship PROFESSIONAL EXPERIENCE Lombard Odier Darier Hentsch (Asia) Ltd., Hong Kong Investment Analyst, Asia ex Japan 8/2006-12/2008 8/2006-12/2008 05/20007/2005 10/199704/2000 12/19984/2000 10/199711/1998 01/1997-05/1997

A NTHONY C OLE P AGE 1 - C ONFIDENT IAL

Reported to the head of research in Geneva as well to the local Managing Director in Hong Kong; LODH is the 5th largest Swiss Private Bank and is based in Geneva Developed the Asian research team in collaboration with other members to become more visible through presentations, morning meetings, road shows, research reports, personal contacts and providing regular advisory services to private bankers Established connections to a large number of listed companies in the region, with about 60 stocks followed closely and 9 directly covered Created the Asia ex Japan part for the listed property strategy of the Bank and became a member of the global-listed property committee; Made significant expert contributions in the creation of a new format for the Asian team input in investment strategy Correctly decided against investment into listed Asian property stocks in early 2008 which would have caused severe financial damage Assisted in the restructuring of a number of Asian portfolios in spring 2008 by advising clients to reduce risk

Reason for Change: Internal restructuring lead to the closure of the department.

DJS Consulting Ltd. (changed the name Gateway Capital Consulting), Basel Portfolio / Fund Manager

05/20007/2005

DJS Consulting Ltd. is an independent asset manager in Switzerland with 5 employees and an advisory board of 4; It is part of the Gateway Capital Group, which was founded by a team of seasoned investment professionals; The company manages private & institutional portfolios as well as two investment funds Website: http://www.gatewaycap.com Suggested promising new investments directly to a partner and was quickly promoted from Junior Portfolio Manager to Portfolio Manager in 2004 Successfully co-managed a number of portfolios of institutional clients & high net worth individuals Introduced new investment tools which more systematically monitored companies Presented insightful investment results, strategies and Asset Allocation to clients Used a wide range of asset classes and products such as Fixed income, convertibles, equities, derivatives and to a limited extend structured products; Acquired two new institutional clients which led to outperforming the benchmark by 3.6% with a superior sharp ratio of 0.51 vs. 0.15 versus the benchmark Outperformed the benchmark in 4 out of 5 years through stock picking, overweighting healthcare stocks for private clients, and staying clear of the internet bubble Implemented hedging and return enhancing derivative strategies through covered call options, futures and put options

Reason for Change: Pursued an MBA to take advantage of more opportunities in Asia

Credit Suisse Private Banking, Basel & Zurich Junior Portfolio Manager Corporate Actions

10/199704/2000 12/19984/2000 10/199711/1998

Reported to a local team head within portfolio management for high net worth individuals; Entered as a member of the corporate actions department in Zurich but quickly moved to become a Junior Portfolio Manager Successfully implemented Portfolio Management strategy according to the bank's asset allocation based on the clients risk profile Explained and presented the investment strategy to relationship managers and assisted them in interacting with clients Redesigned and maintained the Intranet site of the department

Reason for Change: Received an offer for a new career opportunity amidst potential closure of the department in Basel

A NTHONY C OLE P AGE 2 - C ONFIDENT IAL

Winterthur International, Sydney Internship

01/1997-05/1997

The company was the second largest insurance company in Switzerland; It later became part of Credit Suisse and is now part of AXA. Assisted a local key account manager in identifying potential clients for the corporate business Developed a database of potential corporate clients following the company's inception in Australia EDUCATION Chinese University of Hong Kong Putonghua as a foreign language Hong Kong University of Science & Technology Master of Business Administration (MBA) with a specialization in China Business CFA Institute Chartered Financial Analyst (CFA) University of Applied Sciences FHBB, Basel Bachelor of Science in Business Administration Major in Finance & Wealth Management and Accounting Dissertation on Commodity Investments PERSONAL DETAILS Swiss Passport and HK resident LANGUAGES Fluent in German (mother tongue), English (fluent), French (basic), Mandarin (novice) COMPUTER SKILLS Winword, Excel, Powerpoint, Access, Bloomberg, FactSet, Front Page, Outlook, Portfolio Management Software, Thomson OneAnalytics Licenses HK SFC Licenses Type 4 and 9 Memberships Beta Gamma Sigma Honor Society Hong Kong Society of Financial Analysts, Member Swiss Business Chamber Hong Kong, Young Professional Member CFA Institute, Member GBB (Society of Business Managers, Basel), Member Electronic Intelligence Unit Additional Training as Corporal (18 Weeks) Basic Military Training (15 weeks) since 2007 since 2005 since 2005 since 2004 since 1998 Since 01/2009 08/2005 07/2006 01/2003 06/2005 10/1998 10/2002

National Service 1997 1996

A NTHONY C OLE P AGE 3 - C ONFIDENT IAL