I mercati emergenti stanno instaurando una crescita sostenibile, in contrasto con il vecchio modello basato su manodopera e terreni a basso costo e ampia libertà di inquinamento. È giunto il momento per loro di trovare la loro nicchia nella catena di distribuzione mondiale.
Il gestore Gary Greenberg vanta trent’anni di esperienza negli investimenti.
Un portafoglio concentrato con un’elevata quota gestita attivamente e investita sul lungo termine.
Flessibilità per investire in tutte le capitalizzazioni di mercato.
L’analisi bottom-up permette di trovare delle società di qualità con valutazioni interessanti. La sua integrazione in un quadro top-down consente di individuare le condizioni di crescita favorevoli.
Comprare titoli scontati di imprese di qualità offre un margine di sicurezza.
I fattori ambientali, sociali e di governance sono integrati nelle nostre analisi.
Il rischio viene valutato a livello di titolo, settore e paese. Nell’esame del rischio il team prende in considerazione anche gli elementi ESG. Hermes EOS, il nostro servizio interno incentrato sull’attività di engagement, offre il suo supporto all’analisi. La analisi dei rischi e delle opportunità realizzate dal team di investimento integrano le decisioni di asset allocation focalizzate sui rendimenti corretti per il rischio.
2017 Investment Week:
Fund Manager of the Year Winner Global Emerging Markets
2017 Financial Express:
Alpha Manager of the Year Emerging Markets
2017 FT Advisor 100 Club:
Global Emerging Markets Fund of the Year
Gary Greenberg
CFA, Head of Global Emerging Markets
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Gary Greenberg, who joined the international business of Federated Hermes in September 2010, is Head of Global Emerging Markets. Prior to this, he was managing partner at Silkstone Capital and Muse Capital, both London-based hedge funds he co-founded and managed in 2007 and 2002, respectively. From 1999 through 2002 he was executive director at Goldman Sachs in New York and London, where he co-headed the emerging markets product for GSAM and served on the global asset allocation and European stock selection committees. From 1998 to 1999 he was managing director at Van Eck Global in Hong Kong and New York, where he was the lead portfolio manager for international equities and ran the Hong Kong office. From 1994 through 1998 Gary was chief investment officer at Peregrine Asset Management in Hong Kong, managing and supervising global and regional equity, plus fixed income funds. In the early years of his career he was a principal of Wanger Asset Management in Chicago, where he co-founded and co-managed the Acorn International Fund, which grew to $1.4bn under his tenure. Gary holds an MBA from Thunderbird School, a BA from Carleton College and is a CFA charterholder. In 2018, the Hermes Global Emerging Markets Fund was named best emerging markets fund for the third year in a row at the Investment Week Fund Manager of the Year Awards, best regional equity specialist within the emerging markets category at the FE Manager of the Year Awards, best emerging markets group by Citywire Switzerland and won the Portfolio Adviser Fund Awards for emerging markets. Gary was named best manager for emerging markets equity by Citywire UK in 2017.
Kunjal Gala
Co-Portfolio Manager
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Kunjal Gala joined the international business of Federated Hermes in 2012 as part of the Emerging Markets team, and is co-portfolio manager and senior analyst focused on Asia ex Japan. He joined from Her Majesty's Government, where he worked from October 2008 as an assistant director in The Shareholder Executive, the in-house portfolio management and corporate finance arm of the UK Government. Prior to this he was a senior financial analyst at Morgan Stanley Investment Banking from December 2004, responsible for both business development and execution of M&A and strategy mandates within the consumer products coverage banking team. Previously he worked for Thomas Cook (India) in the management information systems division (September 2003), and PricewaterhouseCoopers in the Assurance and Business Advisory Service (August 2001). Kunjal has a Bachelor of Commerce from Mumbai University and is a qualified Chartered Accountant from the Institute of Chartered Accountants in India.
Amit Mehta
Senior Analyst - Asia ex-Japan
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Amit Mehta joined Hermes in January 2018 as a senior analyst in the Emerging Markets team, focused on Asia ex Japan. Prior to joining Hermes, Amit was a senior vice president on the global emerging equity market team at PIMCO and a senior investment manager in global emerging markets at Pictet Asset Management. He previously worked as an equity analyst at Insight Investment, covering global financials, and in equity research at Morgan Stanley, covering European banks. Amit began his career in accounting and held positions at Robson Rhodes and KPMG. He holds a Bachelor's degree in Accounting and Financial Analysis from the University of Warwick. He is also an Associate Chartered Accountant with the Institute of Chartered Accountants in England and Wales.
