US Closed-End Fund
To succeed in emerging markets, investors have to look at growth at the company level, and to understand whether it is sustainable and if the company treats shareholders fairly.
We always meet company management before we invest – and keep meeting them at least twice a year. We don’t attach much importance to benchmarks: if we don’t like a company, we won’t invest in it. But once we find a good company, we invest for the long term.