Martin Currie strengthens Global Emerging Markets team
15 October 2018
Martin Currie, the active equity specialist, reaffirms its ambition for its global emerging markets (GEMs) capability by further strengthening its team with the appointment of Colin Dishington1, a highly-experienced equity research analyst. He will join the well-established and successful GEMs team as portfolio manager.
Martin Currie’s flagship GEMs equity strategy has outperformed the MSCI Emerging Markets Index over three-, five- and seven-year periods (in gross terms) since the team began managing the strategy in October 2010.2
Since 2010, Martin Currie’s GEMs strategy has grown to US$2.1 billion3 and established a global client base, which includes Australian super funds and U.S. pension funds.
Colin, who started his career in finance in 2006, brings a wealth of active management experience to the role, most recently from Matthews Asia, a large, dedicated Asia-only investment specialist based in the U.S., where he held the position of senior research analyst.
This news follows the recent appointment of Paul Sloane who, in July, also joined the GEMs team. Earlier announcements at the turn of the year confirmed four key strategic hires for Martin Currie, including Zehrid Osmani from BlackRock as head of the Global Long-Term Unconstrained Team and Julian Ide as head of distribution and strategy.
Willie Watt, Chief Executive at Martin Currie, comments:
‘Colin’s versatile skillset and knowledge of global sectors across developed and emerging markets will add further depth to our collaborative investment approach.
‘We’ve seen strong demand for our well-established global emerging markets proposition. With significantly higher GDP forecasts relative to developed markets, we expect widespread and strong investor support for the asset class. Against that background, we believe we are well positioned to offer clients a strong and differentiated investment solution.4’
Past performance is not a guide to future returns. The return may increase or decrease as a result of currency fluctuations.
1 Colin Dishington is a fully qualified Chartered Accountant and holds the CFA designation.
2 Aligned to the team’s disciplined investment philosophy, alpha generation has been driven by stock selection, not any extreme factor, and diversified across a range of sectors.
3 Source: Martin Currie over periods to 30 September 2018. Performance is based on the Martin Currie Global Emerging Markets representative account US$ (gross of fees). Gross data is presented without deducting investment advisory fees, broker commissions, or other expenses that reduce the return to investors. MSCI Emerging Markets Index used as benchmark. Since manager tenure date is 1 October 2010. This performance record is clear representation of the Global Emerging Market strategy. Performance information showing five years (or since inception) in complete 12-month periods is available upon request.
4 As at 30 September 2018.
5 Martin Currie launched the Legg Mason Martin Currie Global Emerging Markets fund on the Legg Mason Dublin-domiciled ICVC fund platform in November 2017 and made available its capability in its Emerging Markets Separately Managed Account (SMA) in January 2018.