Another week and another round of Liontrust/GAM vs NewGAMe but, as previously promised, this isn’t a forum for solely keeping you up-to-date with that takeover.
No, this newsletter serves the purpose of shining a light on stories that could do with a deeper dive or ones that might have escaped your attention on the first pass. Let’s take a look.
- Kicking the week,
Ian Heath
welcome
North of South Capital
’s
Kamil Dimmich, CFA
into the studio for the latest episode of the Selection Show podcast. In it, Dimmich discussed why the current narrative that China is a no-go zone is music to his ears. Also in the chat, Dimmich talked about his value approach to what is often seen as a growth-driven environment. Listen wherever you get your podcasts.
- Sticking with the emerging world,
Krystle Higgins
took a look at which frontier market funds are betting most heavily on Vietnam. With the country simultaneously touted as a China proxy and an EM darling, there is a lot of attention on this fast-paced market. Find out who has the most exposure here.
- Not all is rosy in the developed market, however, and
Andreas Dagasan, MBA
, editor of Citywire Pulse, published a strongly worded analysis of the current state of US debt. Concerns over the constant raising of the debt ceiling are enough to worry investors, but Dagasan said more questions should be raised about the ratings agencies who refuse to punish the US with downgrades for their inability to resolve the problem.
- Meanwhile, I caught up with
Laurent H. Auchlin
to understand what lessons he has gleamed from his 30+ years at the forefront of fund selection in Geneva. Now acting as a consultant, Auchlin discussed the traps many fund managers fall into, but also those that his former selection peers seem to misunderstand.
