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News | 20 October 2025

Reflections & Insights – Q4 2025

This is only the third review since Donald Trump ascended his golden throne, but it feels much longer than that. With the world’s indispensable economy an unwitting participant in a TV reality show, the task of trying to scribble anything sensible about what might happen has become an exercise in magical thinking.

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Emerging Markets Annual Letter

Fund | 5 February 2019

2018 was a reminder that what we are trying to achieve is not easy.

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Emerging Markets Annual Letter

Fund | 19 March 2018

2017 was the first full calendar year for the UCITS version of our emerging markets equity strategy.

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