GQG Partners Concentrated Global Equity Composite and Emerging Markets Equity Total Composite Awarded by CAMRADATA

GQG Partners Concentrated Global Equity Composite and Emerging Markets Equity Total Composite was awarded 2023 CAMRADATA’s Top Global Growth Large Cap – Growth (USD) and Top Emerging Markets Equity – Growth (USD) asset classes, respectively.

Mark Barker, Head of International and Ken Tooze Director, Institutional, received the awards at CAMRADATA’s IQ Awards event on 20 April in London. CAMRADATA’s annual awards event recognises top funds selected by CAMRADATA using its Independent Quantitative (IQ) score ranking system.¹

Barker said the CAMRADATA awards recognise GQG Partners’ unwavering commitment to a comprehensive, differentiated approach to global investing. “At GQG Partners, we strive to achieve consistent, long-term outperformance whilst managing downside risk.”

“These awards recognise the effectiveness of our investment philosophy, Forward-Looking Quality approach, and the rigorous research process that underpins it. We will continue to serve our clients with the highest level of excellence and goal of delivering strong investment performance.” 

Beyond Emerging Markets: Insight-Driven Approach to Investing in Today’s Volatile Developed Markets

High volatility, political instability and lack of transparency are often characteristics associated with emerging markets, but some of these characteristics are becoming increasingly evident in developed markets today. Successfully navigating these challenges requires investors to take a more nuanced and comprehensive approach to better understand local markets, cultures, and regulations. At GQG Partners, we use our expertise in emerging markets to help us navigate today’s uncertain developed markets environment.

GQG Partners is a Global and Emerging Markets Equity investment boutique which was founded in 2016 by Rajiv Jain and Tim Carver. We believe that asset management is the most competitive industry in the world and have built a business that strives for excellence at all levels across the organisation through a commitment to independent thinking, continual growth, cultural integrity, and a deep knowledge of the markets. The business was founded on the principle of client alignment and an investment process aimed at developing an insight advantage, which we believe distinguishes us from other firms and provides a differentiated approach to managing our clients’ capital.

Our portfolios seek consistent, long-term outperformance while managing downside risk. We manage quality-based strategies driven by our forward-looking investment philosophy, which have historically exhibited durable alpha, with less relative volatility. This investment philosophy, called Forward-Looking Quality, focuses on the sustainability and compounding potential of company earnings, rather than assessing quality via backward-looking methods. This philosophy was developed by our CIO and has been robustly tested over the course of his 25+ years of global investing experience.

How GQG Leverages Diversity for Insightful Investment Strategies

We do not believe that there is an information advantage available today to large cap investors. Rather, we have been purposeful in building an investment team that leverages both professional and cultural diversity to develop a perspective advantage. The investment team of over 20 experienced portfolio managers and analysts bring a breadth and depth of expertise that aids us in the construction of portfolios primarily through fundamental, bottom-up stock selection. The team seeks to develop an insight advantage into every company we invest in, which is gained by creating a multi-perspective understanding of each company through the lens of both traditional and non-traditional insights, which we refer to as our Research Mosaic.

Our traditional analysts are mostly structured as generalist equity analysts and come from the buy-side and sell-side as well as private equity. The non-traditional analysts include former investigative journalists and analysts specialising in forensic accounting, credit analysis, and ESG. Together, this team is tasked with selecting securities for all GQG portfolios, employing the same philosophy and process across all mandates.

At GQG, we believe the ‘one team, one philosophy, and one process’ approach is what sets us apart from our peers. Specifically, we believe that leveraging a common philosophy and process to assess all companies globally makes us better investors by allowing us to glean insights from companies operating in different regions that may be lost on more narrowly focused or country-specific investors.

For example, we often apply insights gained from our emerging markets experience to shape our views of developed markets companies in the current environment. Presently, developed markets are dealing with sharply rising interest rates and inflation for the first time in decades. However, this is not uncommon in emerging markets and our team have seen and traded through these types of dynamics many times before. Our emerging markets perspective encouraged us to reposition our developed markets exposure in portfolios at the onset of this environment. We believe this adaptability helped us to manage downside risk during the 2022 drawdown.

GQG portfolios seek to adapt to wherever we believe quality exists at reasonable prices, driven by bottom-up research and disciplined stock selection. Our focus on capital preservation during challenging environments is designed to allow us to compound from a higher base when more benign conditions return.

Any account or fund advised by GQG involves significant risks and is appropriate only for those persons who can bear the economic risk of the complete loss of their investment. There is no assurance that any account or fund will achieve its investment objectives. Accounts and funds are subject to price volatility and the value of a portfolio will change as the prices of investments go up or down. Before investing in a strategy, you should consider the risks of the strategy as well as whether the strategy is appropriate based upon your investment objectives and risk tolerance.

There may be additional risks associated with international and emerging markets investing involving foreign, economic, political, monetary, and/or legal factors. International investing is not for everyone. You can lose money by investing in securities.   

About GQG Partners

GQG Partners is an investment boutique which is a wholly owned subsidiary of a majority employee-owned company listed on the Australian Securities Exchange (ASX:GQG). The firm manages global and emerging market equities for institutions, advisors, and individuals worldwide. Founded in 2016 by CIO Rajiv Jain and CEO Tim Carver, GQG Partners is headquartered in Fort Lauderdale, Florida, with offices across the globe. The firm opened its London office in 2017. GQG Partners manages more than US$94.5 billion in client assets as of March 31, 2023. For more information, please visit gqg.com.

1. The CAMRADATA Independent Quantitative (IQ) scores is a ranking reflecting five statistical factors measured over a three-year period. Each factor generates a statistic, which is shown as a percentage or a number in the table. To rank products, the percentile ranking of each factor is determined and an overall master score is calculated. This is a simple average of all percentile rankings for each product across all five factors. Investment products that share the same value for a factor are assigned the same percentile rank within that factor. The highest-scoring products appear at the top of the table. For presentational purposes, we apply a ‘unique sort’ to pick out only the best product for each manager.  The five statistical factors that make up the CAMRADATA IQ score are:
   1. Excess return: A measure of overall added value. The underlying factor is the annualised excess return over the benchmark.
   2. Information Ratio: A measure of efficiency. The Information Ratio is the return added by the asset manager for each 1% of risk being taken over the benchmark. Therefore the higher the Information Ratio, the more return being added for the 1% of risk being taken. The underlying factor is calculated by taking the excess return and dividing it by the excess risk.
   3. Wins-Losses: A measure of the bet structure that a manager is taking. The underlying factor is calculated by taking the average positive relative returns away from the average negative relative returns. Investors use this to identify managers with a low frequency of winning but with a high payoff when a product beats the benchmark. Investors want to see that wins (positive returns) are greater than losses (negative returns), even if the wins are infrequent.
   4. Hit Rate: A measure of consistency. The underlying factor is the percentage of times the manager beats the benchmark. Generally, you should expect a manager with strong consistency of beating the benchmark to have a probability of beating it greater than 50%.
   5. Drawdown Strength: A measure of downside management. This measures a product’s worst observed 12-month risk-adjusted relative return. It is in effect analysing the worst Information Ratio for each product in any 12-month period during the three years being measured. More credit is given to asset managers who have had positive 12-month risk-adjusted relative returns and who took less risk to achieve it. While during a 12-month period of negative returns, more credit is given to those asset managers who took more risk, showing they were actively managing their products rather than being passive during these times.

Past performance may not be indicative of future results. For informational purposes only. The information provided in this document does not constitute investment advice and no investment decision should be made based on it. Neither the information contained in this document or in any accompanying oral presentation is a recommendation to follow any strategy or allocation. In addition, neither is a recommendation, offer or solicitation to sell or buy any security or to purchase of shares in any fund or establish any separately managed account. It should not be assumed that any investments made by GQG Partners LLC (GQG) in the future will be profitable or will equal the performance of any securities discussed herein. Before making any investment decision, you should seek expert, professional advice, including tax advice, and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the law of your home country, place of residence or current abode.

GQG Partners (UK) Ltd. is a company registered in England and Wales, registered number 1175684. GQG Partners (UK) Ltd. is an Appointed Representative of Sapia Partners LLP which is authorised and regulated by the Financial Conduct Authority (FRN 550103).

GQG is registered as an investment adviser with the U.S. Securities and Exchange Commission. Please see GQG’s Form ADV Part 2, which is available upon request, for more information about GQG.

GQG Partners LLC is a wholly owned subsidiary of GQG Partners Inc., a Delaware corporation that is listed on the Australian Securities Exchange.

© 2023 GQG Partners LLC. All Rights Reserved.

CAMRAPR_0423