Winner of Citywire Asia’s Best GEM Manager and GEM Fund House 2019.
Winner of the Emerging Markets Equity Manager of the Year at the Professional Pensions Investment Awards 2016 and 2017.
Citywire Euro Stars Top Manager 2017
The Emerging Markets Equity strategy aims to outperform its benchmark, MSCI Emerging Markets Index, by 3% per annum over a three-year rolling period. It targets high returns and long term capital growth by investing in a portfolio of primarily equity and equity-related securities traded in the Emerging Markets.
The Emerging Markets Equity strategy targets strong excess returns through fundamental bottom-up stock selection, within an integrated top-down macro framework.
TT believes that EMs are structurally inefficient, thereby offering attractive rewards to successful active managers. This is due to the poor savings base in many EM countries, which are therefore dependent upon foreign flows of capital. There is also a lack of analysis, both by the sell-side and buy-side communities. Our process aims to target these inefficiencies.
Top-down analysis of countries and currencies is expected to contribute approximately a third of the long term outperformance, with detailed fundamental analysis on stocks expected to drive the remainder.
Portfolio construction is the synthesis of idea generation, conviction and risk management. The strategy will typically hold between 50 and 60 stocks, with an active share typically above 80%.
The following aspects of our investment process provide an edge and set the TT proposition apart from the competition:
Citywire Euro Stars Top Manager
Niall is Lead Portfolio Manager and Head of TT’s International and Global Emerging Markets Equity strategies. Before joining TT in 2010, Niall spent ten years with Aviva Investors, where he was most recently CIO of Equities, having been previously Head of Emerging Markets and Asia. Niall, who began investing in Emerging Markets in 1994, graduated from the University of Liverpool with an honours degree in Civil Engineering.
Read some of Niall Paul's articles and insights in our 'What We Think' section.
Rob is Co-Portfolio Manager of our Global Emerging Markets Strategy and Lead Portfolio Manager of our Emerging Markets Unconstrained Strategy. Before joining TT in 2011, Rob worked at Pictet Asset Management, where he was most recently Head of Latin America, having been Senior Portfolio Manager for Emerging Markets. Robert has a BA from the University of Oxford, as well as an MA (Distinction) and a PHD from the University of East Anglia. He is also a CFA Charterholder.
Read some of Rob James' articles and insights in our 'What We Think' section.
Harry is a Senior Emerging Markets Analyst and member of TT’s Ideas Factory. Prior to joining TT in 2012, he worked at UBS in Emerging EMEA Equity Sales. Harry graduated from the University of Oxford with a BA in Philosophy, Politics and Economics.
Read some of Harry Thomas' articles and insights in our 'What We Think' section.
Citywire Euro Stars Top Manager
Duncan is Portfolio Manager of our Asian Equity Strategy. He is also a member of our Ideas Factory, focussing on the Pan-Asian Financials sector. Before joining TT in 2014, Duncan was a Senior Portfolio Manager of the Global Emerging Markets Fund at USS Investment Management. He graduated from the University of Bristol with a BSC in Economics and Finance. Duncan is also a CFA Charterholder.
Read some of Duncan Robertson's articles and insights in our 'What We Think' section.
Sebastiaan is a Portfolio Manager of our Global Emerging Markets Strategy. As a member of TT’s Ideas Factory, he is responsible for providing investment ideas across all of our Emerging Market strategies. Prior to joining TT in 2010, he was Head of Emerging Markets at Fideuram Asset Management. Sebastiaan graduated from Erasmus University, Rotterdam, with an MSc in Business Economics. He is also a CFA Charterholder.
Marco is Portfolio Manager of our China Focus Equity Strategy and a member of TT’s Ideas Factory. Before joining TT in 2013, he was in the Asian Equity Team at Manulife Asset Management. Marco graduated with a BBA from Wilfrid Laurier University and is also a CFA Charterholder.
Read some of Marco Li's articles and insights in our 'What We Think' section.
Edward Choi is a Senior Asia Analyst and member of TT’s Ideas Factory. Before joining TT, he was an Associate at Bain Capital. Edward achieved his MBA at The Kellogg School of Management. He graduated with a BSc from Cornell University and is also a CFA Charterholder.
Kathy is an Asia Technology Analyst and member of our Ideas Factory. Prior to joining TT in 2020, she worked as a Chinese Equities Analyst at Value Partners in Hong Kong. Before that, she was an Equity Analyst at Credit Suisse. Kathy graduated from Hong Kong University of Science and Technology with a BBA in Accounting and Finance.
Nick Carlon transitioned from TT’s dealing desk to become an Analyst on the Emerging Markets team. He works closely with Partner/Senior Analyst Harry Thomas on our LATAM/EMEA research efforts. Nick joined TT in January 2016, having graduated from Oxford University in 2013 with a BA in Economics and Management.
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19. Contact Us
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