Disclaimer

The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).

The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.

Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.

By clicking Proceed I confirm that I am a professional investor and/or institutional investor and that I have read, understood and accept the terms of use for this website.

Decline
Emerging high conviction equity
Emerging markets equities

Emerging high conviction equity

Investing in the most attractive companies in emerging countries throughout the world

Key points:

  • Benchmark agnostic strategy with no index restrictions for portfolio construction
  • High conviction portfolio with 35 to 50 stocks
  • Balanced approach with top-down country allocation and bottom-up stock selection

Philosophy

Our disciplined investment process enables us to harness the inefficiencies resulting from market biases in emerging markets. We employ a) active country allocation to capture differences in risk and opportunities between countries; b) fundamental stock selection analysis that maintains a long-term investment view to uncover structural drivers; c) quantitative models as a tool to exploit the behavioral biases of market participants; d) a value bias as we identify undervalued opportunities where the structural earnings outlook is not yet appreciated by the market.

Process

The investment process starts with active top-down country allocation, where we identify the positive and negative macro drivers across different emerging markets. Around 80% of the portfolio is invested in the top five most attractive countries. Stock selection in a specific country is based on these macro drivers, the proprietary quantitative stock selection model and an in-depth fundamental company analysis to identify those stocks with the ability to outperform in the long run. The focus is on companies with a sound business model, solid growth prospects and a reasonable valuation.

Discover the latest insights
Subscribe

Team

The team, which is headed by Wim-Hein Pals, who co-founded Robeco’s Emerging Markets capability in 1994, has eight portfolio managers and five research analysts with specific country and sector coverage. The average investment experience of its members is more than 15 years and they have diverse cultural backgrounds, bringing local knowledge and different point of views to the investment process. The team is supported by substantial internal resources, including Robeco’s Hong Kong-based Asia Pacific team.

Our approach: We consider active country allocation to be instrumental when investing in emerging markets and an essential part of the fundamental bottom-up stock selection process.

Get in touch with us

Contact us if you would like to know more about this strategy.

Contact