Matt Gaden

Janus Henderson Investors (ASX / NYSE: JHG) announced the Australian launch of the Janus Henderson Emerging Markets Equity Fund (Fund).

​The newly launched Fund will offer Australian investors exposure to the most compelling opportunities within emerging market countries across various stages of economic and political development.

Emerging markets offer a significant investment opportunity and potential for growth. Their investible universe has experienced a remarkable transformation, surging to over $25 trillion by the end of 2022 representing an impressive increase, outpacing the growth of developed markets by nearly 10 times.

As a long-only, actively managed fund, the Janus Henderson Emerging Markets Equity Fund will draw on the investment team’s 80-years of combined emerging markets investment expertise and their proven track record of managing emerging markets equity portfolios. As at 30 June 2023, Janus Henderson manages over $370 million in its Emerging Markets Equity strategy worldwide.

By combining fundamental company research, market and economic analysis, and a keen focus on governance and quantitative input, the Fund will aim to capture price inefficiencies across the market-cap spectrum, focusing on three themes: outsourcing, convergence and innovation.

The launch of the Fund in Australia coincides with recent trends of deglobalisation, characterised by the fragmentation of end markets and regional supply chains in a post-pandemic environment.

The disruption presents a dual landscape of challenges and long-term growth prospects for emerging markets like Vietnam, Indonesia, India, and Mexico, where outsourcing capabilities form the core of their burgeoning supply chain networks.

Boston-based lead Portfolio Manager, Daniel Graña who has 28 years of investment experience, all of which have been spent in emerging markets, will lead the portfolio management of the Fund. He will be supported by Co-Portfolio Manager, Matthew Culley and a wider team of research analysts based in Singapore and Boston.

Matt Gaden, Head of Australia at Janus Henderson said: “At Janus Henderson Investors, we are excited to bring innovative strategies to local institutional and wholesale investors, and this continues with the local launch of our globally successful Emerging Markets Equity Fund, which meets client demand for access to this ever-changing asset class.

Forces such as the COVID-19 pandemic and geopolitics have been key catalysts in spurring deglobalisation and the structural changes that we see in our global economy today. Whilst disruptive, these forces have created a myriad of investment opportunities in the potential economic growth of developing countries.

While some investors remain focused on developments in advanced economies, our Emerging Markets Equity Fund identifies companies that have adapted to this ‘new world order’ for future growth by tapping into reconfigured global supply chains, and can offer investors an avenue to diversify their portfolios and escape the pressures applied to assets deployed in developed equity markets.

Daniel Graña, leading Portfolio Manager on the Emerging Market Equity Team at Janus Henderson said: “In a rapidly evolving global economy, emerging markets increasingly represent a breeding ground of innovation and investment opportunity, driving growth and reshaping industries. We believe conditions are ripe for emerging markets to lead in innovation – driven by digitised economies, large economic populations and a new era of policy support – and we hope to help investors benefit from those trends.

Beyond the historical themes of economic convergence and outsourcing, we believe the forces behind future emerging market prosperity and earnings growth will be increasingly driven by themes of innovation, deglobalisation and decarbonisation. Whilst these are themes driving global equity markets more widely, we see that the solutions to the challenges being increasingly driven by emerging market entrepreneurs seeking commercial solutions to local challenges.

Focused on finding companies at the intersection between good governance and good countries, this Fund offers Australian investors a style-agnostic emerging markets strategy, blending top-down macro analysis with bottom-up stock selection to identify attractive opportunities.”

The post Janus Henderson unveils Emerging Markets Equity Fund, tapping into 80 years of investment experience appeared first on AdviserVoice.