In a recent interview with Portfolio Adviser, MCP Emerging Markets founder and Mobius Investment Trust (MMIT) portfolio manager Carlos von Hardenberg reflects on more than 25 years of investing across emerging and frontier markets, including the lessons he learned working alongside the late Mark Mobius along with some personal anecdotes of their travel together.
Carlos discusses how these experiences helped shape MCP’s investment philosophy: a long-term, bottom-up approach with a particular emphasis on management quality, corporate governance and alignment with minority shareholders. He also explores some of the opportunities the team is finding today, including among smaller and mid-sized companies in India, as well as businesses in Korea and Taiwan.
Looking ahead, Carlos highlights the importance of combining company-level research with an understanding of the broader macroeconomic environment in emerging markets. Against a potentially volatile backdrop, the focus remains on identifying high-quality businesses that are, as far as possible, “in charge of their own destiny.”
Read the full interview with Portfolio Adviser: Investment trusts with MMIT’s Hardenberg: ‘There is no 100% hedge. There is no guarantee’
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