Sentiment towards Emerging Markets remained weak for much of 2022. Geopolitics, tightening of monetary policy, US dollar strength and a slowing growth outlook in China took centre stage. However, periods of excessive pessimism also coincide with the point of maximum financial opportunity. In our experience, volatility creates great opportunities for our stock picking approach. Emerging economies are showing healthy fundamentals and trade on discounted valuations to other parts of the world. With catalysts for growth on the horizon and sentiment improving, opportunities for disciplined investors exist.
Artemis
Adam joined Artemis in August 2020 as Head of Intermediated business with responsibility for wholesale sales channels across the UK and European markets. Adam began his career in asset management in 2000 at Thesis Asset Management as a discretionary wealth manager. In 2005 he moved to Henderson Global Investors as Southern Sales Manager before joining Legg Mason Global Asset Management in 2007, heading the UK Sales business from 2010. Next Adam joined Allianz Global Investors, where from 2017 he was Managing Director and Head of Northern European Retail/Wholesale Distribution.
Artemis
Iain joined Artemis in March 2021 as Sales Director and is responsible for intermediary sales covering central London and Ireland. Iain was previously with Comgest for three years building its UK wholesale business in the UK, Dublin and the Channel Islands. Before Comgest, Iain was Regional Investment Sales Manager for central London at Standard Life Investments, where he began his career in 2009 on its sales and distribution graduate programme. Iain graduated from the University of Glasgow and holds the Investment Management Certificate.
Raheel joined Artemis in 2014. He has co-managed Artemis' 'global emerging markets equity' and 'global equity' strategies with Peter Saacke since launch in April 2015 and since April 2022, respectively. A Cambridge graduate in electrical engineering, he joined Fidelity International in 2002 as a quantitative analyst. In 2007 he was promoted to portfolio manager for a range of funds which grew to $2.5 billion. He moved to Fulcrum Asset Management in 2011.
After a BA in Economics from the University of Sussex (1992) and a MSc in Economic History from the University of Oxford (1993), James joined Baillie Gifford as an analyst in the US equities team. He then moved to Morgan Grenfell as an analyst and, latterly, a manager of US equities before 13 years at Bank of America Merrill Lynch, where he co-founded and later ran BAML’s global equity sales team. In 2013 James became a portfolio manager at JP Morgan, where he ran global equity income portfolios. He joined Artemis’ global income team in 2018 and co-manages the equities in Artemis’ ‘monthly distribution’ strategy. James is a CFA charterholder.
Paras held a number of fund management roles in London and New York before becoming Head of European Equities at F&C Investments. He then joined Fidelity in 2012 as Chief Investment Officer (CIO) for European equities; before moving to Singapore in 2018 to become CIO for all asset classes and functions across the Asia-Pacific region. He was also a member of Fidelity International’s Global Operating Committee, where he led the group’s strategy on sustainability and was global sponsor for cultural diversity.
Paras joined Artemis as CIO in 2022. He is a partner in Artemis Investment Management LLP, a member of Artemis’ Executive Committee and a director of Artemis Fund Managers Limited.