View more on these topics

Jupiter to launch global emerging markets fund

Jupiter is to launch a Ucits III fund investing in global emerging markets for Kathryn Langridge.

Scheduled for launch in November, the fund will aim to achieve long-term capital growth through companies that are either listed in emerging markets or in developed markets but have exposure to emerging markets.

Langridge will focus on high quality companies that are likely to dominate their industry, generate good levels of earnings and dividend growth and who manage their capital efficiently.

She will monitor risk by keeping the portfolio diversified across markets, sectors and capitalisation. The portfolio will typically hold between 60 and 70 different stocks selected from an investment universe covering 21 countries across Africa, Asia, Europe, Latin America, the Middle East and the Pacific region.

When selecting stock for her portfolio, Langridge will placeemphasis on meeting the management teams in order to identify strong and sustainable growth companies. Good capital management and high quality dividends, she says, are crucial aspects of total return

Langridge says despite resilient and superior economic growth in emerging markets, companies still see robust earnings and structural improvement. Stockmarket valuations remain reasonable, she adds, and quality companies offer considerable growth potential.Langridge expects to find valuation inefficiencies mainly in the mid cap space.

Langridge joined Jupiter in September 2010 after spending three years at Lloyd George Management. She is best known for her time at Invesco Perpetual, where she spent seventeen years in numerous roles, including head of Asian Investments and head of international equity products.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm