Global Emerging Markets Equity
Schroders’ Global Emerging Markets Equity strategy seeks capital appreciation.
Schroders’ Global Emerging Markets Equity strategy provides exposure to a range of developing countries around the world. We believe that these countries are generally characterized by a stronger growth potential than mature economies which leads to the potential opportunity for premium returns. The investable universe is commonly defined by the MSCI Emerging Markets Index, which covers 21 countries and over 830 stocks.
The Global Emerging Market Equities team is made up of over 40 investment professionals with an average of 14 years' investment experience. The team has a centralized asset allocation function in London, with stock analysts based in regional offices around the world. It is managed by Allan Conway, whose career in the investment industry began in 1980.
Allan Conway is Head of Emerging Market Equities at Schroders, based in London. He was appointed to this position upon joining Schroders in October 2004. As Head of the Emerging Market Equities team, Allan has an oversight role for all ten strategies managed by the Emerging Market Equities team.
Waj Hashmi is a Fund Manager on Schroders' Global Emerging Market Equities team, based in London. He joined in 2005, having previously worked as a Senior Analyst and then Global Emerging Markets Fund manager at WestLB Asset Management from 1998-2002. Waj's investment career commenced in 1993 upon joining Arthur Andersen as a Corporate Tax Senior.
Robert Davy is a Fund Manager and Deputy Head of Emerging Market Equities, based in London. He joined in November 1986 as an analyst in the UK team, moving to the US desk as a fund manager in 1988. During the 1990s Robert established Schroders' offices and businesses in Latin America, before transitioning to his current role in the Global Emerging Markets team in 2000.
James Gotto is a Fund Manager on Schroders' Global Emerging Market Equities team, based in London. He joined in 1991 as a UK research analyst, before moving to the Latin American team in 1994, where he was responsible for the research and management of local funds in Argentina. He became a Fund Manager specializing in Latin American business development in 1998.
Tom Wilson is an Emerging Markets Fund Manager, based in London. He joined Schroders in 2001 and moved to the Global Emerging Market Equities Team in 2004 as an EMEA analyst. Tom was promoted to the Head of EMEA in 2007, and in 2014 became a Global Emerging Markets Fund Manager and Head of Research within the Emerging Markets Equity Team.
We believe that emerging stock markets are inefficient and provide strong potential for adding value through active fund management. This value can be extracted through both country and stock selection. We believe that it is inappropriate to apply a systematic style bias across so many countries at such different stages of development. We believe that as portfolio managers we should manage both return and risk. Our aim is to achieve returns with the minimum level of risk through a pro-active approach to risk control. We believe that applying a systematic, disciplined approach, with a strong team culture increases our ability to add value.
Schroders has a balanced approach to investing in emerging markets. We use a mix of top-down analysis and bottom-up stock selection, looking to derive 50% of our added value from country allocation and 50% from stock selection. Our core investment process does not target any particular style bias and aims to outperform in most market environments.
Our investment process begins with the gathering and analysis of information on both countries and stocks. That information is then used to decide allocations for the portfolio. Country allocation is driven by a quantitative model, to which the team applies judgmental overlay in a controlled manner, while fundamental research forms the basis of the stock selection process. We have the resources to follow nearly all companies within our universe. It is this breadth of coverage, coupled with the local nature of our research that provides the means of generating unique investment ideas at the stock level.
- Targets 50% added value added from country and 50% from stock decisions
- Proprietary quantitative country model drives country decisions and detailed fundamental research drivers stock selection
- Rigorous active risk management including alpha-adjusted tracking error and stop loss rule (During periods of market volatility we may temporarily suspend the stop loss rule)
- Significant global resources, including an experienced investment team based across eight locations worldwide
- Canadian Trust
- Separate accounts
- Luxembourg Domiciled Fund