The Secret Behind a Top Emerging Markets Fund Manager's Success
Wednesday, 27 March 2024, 19:16
Key Points:
The top emerging markets fund manager, Lewis Kaufman, follows a unique strategy of investing in US and European companies instead of traditional emerging markets.
Investment Portfolio:
- More than 40% of the fund’s $3 billion is invested in US-based companies.
- Major holdings include names like Coca-Cola, Visa, Estee Lauder, and Snowflake.
- Over 50% of Kaufman’s portfolio lies in developed nations' companies.
Despite the unorthodox approach, Kaufman's fund has significantly outperformed rival emerging-market funds, delivering exceptional returns to investors.
Jake @EconomPic highlights that the fund's 'outperformance' is due to misclassification as it underperformed against Nasdaq and a 50/50 Nasdaq/EM index mix.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.