Emerging
Markets

Unconstrained, concentrated approach to emerging markets growth investing

KEY CHARACTERISTICS & MATERIALS



OVERVIEW

  • Bottom-up stock selection based on rigorous fundamental research drives returns over market cycles
  • Opportunistic, unconstrained approach seeks to exploit inefficiencies around the developing world, allows flexibility in locating and identifying growth across market capitalizations
  • With high active risk and reasonable concentration, we believe high-conviction ideas drive returns over market cycles

 




    CHARACTERISTICS

Composite Inception: 9/30/14
Strategy AUM: $0.05 Billion as of 3/31/20
Benchmark: MSCI Emerging Markets Index
No. of Holdings: Typically 35 – 45
Avg. Position Size: 1 – 4% of portfolio
Top Ten Positions: Typically 35 - 45%
Active Share: >90%
Cash: <5%
Available Vehicles:








VIDEO



 





PORTFOLIO MANAGEMENT



Albert Kwok, CFA

Albert Kwok, CFA

Managing Director

Albert Kwok, CFA

Managing Director

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Sara Moreno

Sara Moreno

Managing Director

Sara Moreno

Managing Director

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Mark B. Baribeau, CFA

Mark B. Baribeau, CFA

Managing Director

Mark B. Baribeau, CFA

Managing Director

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Emerging Markets portfolios are managed by three portfolio managers. The strategy has access to 27 sector research analysts, many of whom are global sector specialists who also work on other equity strategies.

Meet The Team




PERFORMANCE DATA


As of March 31, 2020Qtr1 Year3 Year5 Year10 YearSince Inception
Emerging Markets Equity Composite - Gross-15.6-7.15.42.8-2.8
Emerging Markets Equity Composite - Net-15.7-7.84.72.1-2.1
MSCI Emerging Markets Index (Net)-23.6-17.7-1.6-0.4--0.8


Source: Jennison/MSCI. Source for MSCI Emerging Markets Index data: MSCI. Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Inception of Emerging Markets Equity Composite: 9/30/14. Periods greater than one year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.



This website is intended for Institutional and Professional Investors only. All investments involve risk, including the possible loss of capital.

Important Disclosures

Jennison Associates is a registered investment advisor and a Prudential Financial company. Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions.

Please click on this disclosure link for important information, including information on non-US jurisdictions.

This web site is not intended as an offer or solicitation with respect to the purchase or sale of any security or other financial instrument or any investment management services. It does not constitute investment advice, should not be used as the basis for any investment decision, and does not purport to provide any legal, tax or accounting advice. This is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.

Your investment objectives, risk tolerance, and liquidity needs must be reviewed before suitable programs can be recommended. Asset allocation and diversification strategies do not assure a profit or protect against loss in declining markets. Investors should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.

Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. There is no guarantee that the investment managers’ objectives will be achieved. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions we make in the future will be profitable for any investor or client. Professional money management is not suitable for all investors.

Links to third-party sites are intended for informational purposes only and should not be considered investment advice or recommendation to invest. These links do not constitute endorsement or confirm their accuracy, and we are not responsible for any third-party guidelines, security, or accuracy of information.