Equities

Our Global Emerging Markets and Asian equity strategies are built around the skills and knowledge of our fund management team, many of which have worked together for more than 11 years. We manage global emerging markets strategies, regional strategies (Asia ex-Japan, Greater China) and single country strategies (China, Korea, India).

We have a goal of outperforming in all market conditions. This is achievable via the skill of our people and the robustness of our process, which looks at both bottom-up and top-down factors when making investment decisions.

Our Approach

Our approach to stockpicking uses our own detailed analysis and a “growth at a reasonable price” philosophy. Our fund managers are allowed to back their judgement and our strategies are reasonably concentrated, allowing each idea to make a real contribution to performance. We also use asset allocation to great effect in adding value in multi-country strategies. Our team is skilled at political and economic analysis and understands how rapidly changing conditions affect these markets.

Our Process

We enforce limits on position sizes by stock, sector and country and have a strict sell discipline. This means we can outperform without taking on unnecessary risk and is borne out by statistics that show we are not a high risk manager.

Our approach to equity investment works because of the skills of our fund managers. They also spend more time analysing investments than many other companies, as each fund manager looks after a limited number of strategies.