Schroders QEP Global Emerging Markets strategy marks second anniversary with inflows of $2 billion
Schroders announces the second anniversary of Schroder ISF QEP Global Emerging Markets Launched on 29th March 2012, the fund has delivered +3.7% in excess of MSCI Emerging Markets (+2.0% p.a.) with the wider strategy raising over $2 billion of assets during a challenging period for the asset class.
Schroders announces the second anniversary of Schroder ISF1 QEP Global Emerging Markets. Launched on 29th March 2012, the fund has delivered +3.7% in excess of MSCI Emerging Markets (+2.0% p.a.)2 with the wider strategy raising over $2 billion of assets during a challenging period for the asset class3.
The fund – which is managed by Schroders’ QEP Investment Team – offers investors a different way of accessing the emerging market opportunity set. Based on the team’s established track record of managing emerging markets through its global equity fund range, it combines exceptional diversification with a high conviction, all-cap approach.
Justin Abercrombie, Head of QEP Investment, comments:
“We have been really pleased with the response we’ve had so far. We’re now managing over $2 billion for clients globally in the strategy and $345 million4 in the Luxembourg fund. Our focus is on delivering higher returns than the index by identifying stocks which are attractive in terms of their valuation and business quality. We’re investing outside of the concentrated confines of the backwardlooking emerging market index, looking for emerging growth opportunities.”
The team analyses a genuinely broad investment universe of over 4,000 stocks across more than 20 emerging markets and invests in a portfolio of over 300 stocks, selected on the basis of valuation and business quality (defined on measures of profitability, stability and financial strength). While stock selection is the key driver of fund returns, country risk is also managed by the team using a proprietary framework.
Carlo Trabattoni, Head of Pan-European Intermediary and Global Financial Institutions Group, comments:
“The asset class has faced a number of challenges in recent times and we are seeing clients re-appraise previously successful emerging market equity managers who are now managing a substantial amount of assets. In this environment we are delighted to be able to offer our clients a highly scalable fund, run by a highly experienced team, which really stands out from the crowd. A genuine all-cap proposition, the outperformance generated since the fund’s launch is testament to Justin’s and his team’s skills in terms of both stock selection and portfolio construction.”
The QEP Investment Team was established in 1996 and currently manages in excess of $40 billion5 across its range of global and emerging market equity strategies on behalf of clients worldwide.
1 Schroders ISF refers to Schroder International Selection Fund.
2 Source: Schroders, as at 31st March 2014. A share class, NAV to NAV (bid to bid), net of fees.
3 Source: Schroders, as at 31st March 2014.
4 Source: Schroders, as at 31st March 2014
5 Source: Schroders, as at 31st December 2013.
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