A professional investor tells us where he'd put his money. This week: Austin Forey of the JPMorgan Emerging Markets Trust highlights three favourites
The JPMorgan Emerging Markets Investment Trust seeks out high-quality businesses that can grow their earnings sustainably over the long term. We have 40 analysts around the world seeking companies that create value for shareholders and where corporate governance will not undermine thatvalue creation.
We take a medium- to long-term perspective of approximately five years, which we believe is far longer than the average investor's; many of our picks have been part of the portfolio for over a decade. We have a bias towards companies with sustainable competitive advantages, consistent cash flow generation and strong management teams, and we want to buy them at sensible prices.
Start your trial of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Start your trial
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
The portfolio is positioned to benefit from the secular growth in emerging-market consumption, including growing penetration of financial products in underbanked markets. Our key themes include emerging-market e-commerce where the pace of adoption is faster than in developed markets innovative IT software and services, and private-sector banks in India, which offer ample scope for organic growth and significant market-share gains.
Latest Videos FromMoneyWeek
A top-notch private bank
HDFC Bank
(NYSE: HDB)
Burgeoning e-commerce in Latin America
Mercadolibre (NASDAQ: MELI)
A dominant player in IT services
Globant (NYSE: GLOB)
