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Genesis Asset Managers, LLP

Investment Discipline

Genesis believes that superior long-term investment returns in emerging market equities are delivered by identifying underpriced companies through independent research and disciplined analysis, and using a bottom-up investment approach to create a diversified portfolio. They believe it is necessary to be patient to achieve these returns, and therefore invest with a five-year time horizon. As investors in emerging market companies, the Genesis investment team looks to take advantage of:

- Structural Changes: the natural course of economic development creates a dynamic investment environment, but one in which the opportunities are unlikely to be captured by those investors focused on the short-term, as changes will unfold over years rather than months;

- Change at the Corporate Level: structural changes are unlikely to be universally beneficial to companies, but can lead to a more competitive operating environment which challenges management and widens the disparities between individual companies, thus providing further opportunities for investors; and

- Stock Market Inefficiencies: for various reasons, including less publicly available analysis, emerging markets tend to be more inefficient at pricing shares than developed markets. Genesis’ detailed analysis enables them to identify those stocks which are selling at the greatest discount to their intrinsic value.

The Firm

Established in January 1989, Genesis has managed an active emerging markets equity product since the launch of the Genesis Emerging Markets Fund in July 1989. Led by Karen Yerburgh, Managing Partner, Genesis manages a variety of pooled and separate global and specialist emerging markets portfolios for institutional investors across the globe.

Contact Information

21 Grosvenor Place, London, SW1X 7HU
United Kingdom
+44 (0)20 7201 7200
www.giml.co.uk