David Devine
Managing Director

David has been based in Hong Kong, managing Asian, small-cap, equity funds, since 1992. During this period, he has interviewed the management of thousands of public companies throughout the region and has studied and analysed the long-term operating performance of numerous companies in many industries. This experience has shaped his investment principles.

In 2002, David established Lynas Capital Limited through which he initially managed a private pilot fund for two years before launching the Lynas Asia Fund in October 2004.

Before Lynas he was with Overlook Investments Ltd for ten years, latterly as director.

For the past ten years he has been primarily focused on putting his investment principles into practice via the Lynas Asia Fund but has also been instrumental in the establishment and funding of other successful fund management and commercial enterprises.

David is a Chartered Financial Analyst and is a professionally qualified accountant, associated to the Chartered Institute of Management Accountants, having trained in the broadcasting industry in London prior to his involvement in fund management. In earlier years, he was engaged in the aircraft engineering sector.

Andrew Henderson
Executive Director

Andrew joined Lynas Capital Ltd in 2004 but has known and collaborated on ideas with David Devine since 1993.

Before Lynas he was Head of Research at Kim Eng Securities in Thailand and prior to this from 2001 was Vice President, managing research output, at Brooker Group PLC, Thailand’s leading financial research publisher.

From 1996 Andrew was Managing Director for Clarion Capital Thailand, where he initially formed and then managed their research and sales team and subsequently implemented and managed the research operation for their private equity business.

Between 1991 and 1996 he worked for WI Carr (Far East) in Bangkok first as analyst, then research head and finally country representative of what was then one of Asia’s leading stockbrokers. He was voted #1 analyst in his field in 1994, 1995 and 1996.

Andrew is a graduate of the University of Sheffield with an honours degree in Pure Mathematics and Probability & Statistics.

Jon Ogden
Executive Director

Jon joined Lynas Capital Ltd in 2007 but has known David since 2001.

Jon worked for many years in the field of financial journalism, holding positions as a market commentator with Dow Jones in Hong Kong and Business Day newspaper in Thailand where he was chief sub-editor. He had a long association with the South China Morning Post in Hong Kong which included positions as markets editor and international news editor. While at the SCMP he had a weekly column on funds which ran for several years and resulted in profiles being published on more than 100 money managers and their investment strategies. He also had an occasional column called “Company Visit” which showcased listed companies from an investors’ standpoint.

In 1997 he worked at Bangkok-based Sitca Securities as a research editor and translator.

Jon is a CFA charterholder. He graduated from the University of Birmingham with an honours degree in Psychology in 1984. In 1985 he obtained a post-graduate diploma in Newspaper Journalism from the City University in London. Before joining Lynas Capital he had been a private investor for many years and shared investment ideas with David.