Insights

Unlike horses that need blinders to keep them narrowly focused on winning a race, investors should expand their field of vision to consider the risks around them. Matthew Benkendorf, CIO of the Quality Growth Boutique, shares 5 principles that are critical to help successfully navigate emerging markets.

Charlie Munger, Warren Buffett’s brilliant partner, famously remarked that their investment approach was “simple, but not easy.” After nearly 40 years of investing, Portfolio Manager Ed Walczak explores how the Quality Growth team aims to overcome the many challenges investors face today in determining the “true” value of a company.

Many emerging markets are more resilient to external shocks than in the past and can better withstand the pressures of a stronger US dollar. And so far, many EMs have been fairly conservative in their use of stimulus in response to Covid-19. This increases the potential for prosperous times ahead.

History is a good reminder that it is difficult to predict market reactions, and that elections do not have as tremendous consequences on markets as people may believe. Market anxiety over election impact is generally over-exaggerated. The underlying health of the economy and corporate profit growth, ultimately, are the factors that will impact stock prices.

Portfolio Manager Jin Zhang pays close attention to secular shifts that are accelerating or changes that may become permanent because of the pandemic.

Portfolio Manager Donny Kranson portends that investors can now choose from a diverse group of faster-growth, higher-quality companies in Europe.

CIO Matthew Benkendorf discusses the tech sector, valuations and the upcoming elections.

Portfolio Manager Ramiz Chelat explores companies benefiting from the shift to work-from-home and e-commerce.

Portfolio Manager David Souccar talks about managing portfolio risk by finding a balance between aggressive and defensive sectors.