Unusually compelling opportunities
The breakfast was a timely reminder as to why Emerging Market equities still offer an abundance of opportunities for active managers to deliver alpha.
Despite a torrid year for markets so far, and amidst extreme dollar strength, the team explained how their investment philosophy of combining top-down macroeconomic analysis and bottom-up company research to identify undervalued stocks is again allowing them to significantly outperform their EM benchmark again this year.
The team were excited to share the unusually compelling opportunities they are seeing from a bottom-up perspective by breaking down three diverse stock examples. The team then discussed how these opportunities are supported by the current strong EM macro backdrop and how they believe EM and DM are ‘Trading Places’.
The event finished up with a Q&A session.
Please watch the full presentation below.