On 24 June, the Mobius Investment Trust portfolio manager Carlos Hardenberg hosted a webinar on Investor Meet Company to help retail investors better understand the opportunities within emerging markets, as well as outlining MMIT’s differentiated approach to generating long-term capital growth across emerging markets.
Webinar Summary:
Despite a volatile macroeconomic environment, the Trust maintains high conviction in select small and mid-cap companies with strong margins, governance, and innovation-led business models – particularly in India, Taiwan, and Southeast Asia. The portfolio, concentrated in fewer than 30 holdings, has achieved a 44.4% return since inception and outperformed both the MSCI Emerging Markets Index and its LSE-listed peers over the past 5 years. With earnings growth in emerging markets forecast at 14-16% for 2025-2026, MMIT sees an inflection point driven by attractive valuations, resilient GDP growth, favourable demographics, and global decoupling from overvalued developed markets. The Trust actively avoids overexposed sectors and geographies like China, maintains liquidity discipline, and integrates ESG factors into its investment process. Management is exploring portfolio gearing to enhance upside potential and continues to focus on aiming to deliver superior risk-adjusted returns. With a high active share and deep on-the-ground research, MMIT is likely to benefit from innovation-led value creation across emerging markets. Investors are encouraged to view the current discount as a long-term opportunity.
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