Public Markets Portfolio Investing
We offer highly-rated funds and contractual mandates leveraging our four areas of expertise:
Two
of our four main investment themes offer
publicly available open-ended funds with Morningstar 5 Star ratings. Our Russia and New Europe funds rank at the very top of their respective peer groups based on long-term performance.
Around 85% of our public markets portfolio assets under management consist of contractual mandates. Our largest contractual mandate covers sole responsibility for Munich Re’s primary insurance arm, ERGO, in which we manage and advise on their insurance and pension fund portfolios across the Baltic States.
Global Convergence Megatrend
As the developed world is forced to go through a painful deleveraging process after an unsustainable credit rally, emerging economies are in an excellent position to grow.
Emerging Markets' total GDP has already surpassed the total output of Developed Markets and the gap continues to widen as emerging markets become an ever more dominant force in global business.
According to the World Bank, emerging economies will grow on average by almost 5% per annum between 2011 and 2025. Advanced economies are forecasted to grow at a rate narrowly exceeding 2% over the same period, a testimony of the long-term global convergence megatrend. However, global convergence is an uneven process, thus Emerging Markets know-how is needed to navigate investments in this volatile universe.