Investment objective

The strategy will attempt to achieve, over the long term, a total return in excess of that of the MSCI Emerging Markets Index through investment in a focussed portfolio of companies from across the market capitalisation spectrum with attractive valuations in absolute terms and relative to their history. The Emerging Markets Equity Strategy delivers a highly active but diversified portfolio, driven by a bottom-up investment philosophy. Asset allocation is purely a result of stock selection, eschewing macroeconomic calls or themes, resulting in a portfolio that is clearly distinct from the index. As with all Oldfield Partners’ strategies, the Emerging Markets Equity Strategy combines fundamental analysis of intrinsic worth with patience to wait until the price of those investments reflects that value, delivering compelling long-term performance.

Portfolio manager

Tom Taylor

Tom Taylor

Portfolio Manager

Introduction to the strategy