GuardCap Emerging
Markets Equity Strategy
A highly differentiated approach to accessing the economic growth potential of emerging markets. Designed for the long-term.
Philosophy
Growth drives returns. Quality protects to the downside. Valuation matters.
Investment Approach
- Concentrated, long-only strategy with 25-30 high quality, sustainably growing companies
- In-depth fundamental analysis, bottom-up analysis of selected high-confidence stocks
- Benchmark agnostic, unconstrained portfolio construction; high active share
- Genuine long-term investing with low portfolio turnover
- Large / Mid-cap focus
ESG Integration
The strategy’s concentrated approach enables a thorough understanding of the ESG risks and opportunities relevant to each company and an analysis of these risks and opportunities forms a key part of every investment decision.
Key Facts
2015
Strategy inception date
17 Years
Average Portfolio Manager experience
MSCI Emerging Markets Index
Benchmark
25-30
Average number of holdings
$75.2 Million
Strategy AUM as of 31-Mar-2025
75%-80%
Active share
Investment Team
Ed Wallace, CFA
Ed Wallace joined GuardCap in 2015. His career in the investment industry began over 20 years ago, when he joined Gartmore Investment Management on their global equity team as a graduate trainee, subsequently becoming an analyst and portfolio manager. In 2011 Henderson Group acquired Gartmore and Ed moved with the team to Henderson Global Investors managing global and international equity funds for institutional and retail clients. Over an 18-month period (2003-05), he also participated in developing UK government policy on institutional investment at HM Treasury.
Ed graduated with a first-class honours degree in Modern History & Economics from Oxford University. He is a CFA® Charterholder.
Joris Nathanson
Joris Nathanson joined GuardCap in 2016. Prior to joining GuardCap, Joris spent 10 years working for Nevsky Capital LLP, a multi-billion dollar Global and Emerging Markets specialist investment firm offering both long only and long/short strategies, where he was Partner and Senior Analyst.
Joris graduated from Oxford University with a degree in Philosophy, Politics and Economics (PPE). He qualified as a Chartered Accountant with Deloitte LLP.
Alice Yin, CFA
Alice Yin joined GuardCap in 2017. Before joining GuardCap, Alice spent five years working for Barclays Investment Bank as an associate on the M&A team, focusing on mergers and acquisitions in EMEA, cross-border transactions and working directly with companies on their financial and strategic options across a wide range of sectors.
Alice graduated from Oxford University with a degree in Mathematics and Statistics and is a CFA® Charterholder.
