Barings is a $346+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
*As of June 30, 2020
Boston Partners is a value equity specialist founded in 1995 by experienced professionals who had worked together for many years. The company currently manages $64.9 billion from their US and UK based offices in a range of investment strategies, both long only and long/short, including US, Global and Emerging Market Equity with one common investment philosophy and process across all Boston Partners strategies.
The investment philosophy is grounded in certain “fundamental truths” to investing, each proven to have worked over meaningful periods of time and in a variety of market environments:
1. Low valuation stocks outperform high valuation stocks
2. Companies with strong fundamentals, e.g. high and sustainable returns on invested capital, outperform companies with weak fundamentals.
3. Stocks with positive business momentum, e.g. rising earnings estimates, outperform stocks with negative business momentum.
Well-diversified portfolios are constructed that consistently possess these three characteristics; they are simple rules that limit downside risk, preserve capital and maximize the power of compounding. A centralized research team of fundamental and quantitative analysts supports the portfolio managers and the firm’s value equity discipline.
The investment process is grounded in bottom-up fundamental analysis. Efficient and repeatable, it is designed to identify “characteristics that work”: attractive valuation, sound business fundamentals and improving business momentum. The process is executed within a team-oriented culture that upholds individual accountability and provides the clarity of having final decision makers at the portfolio manager level.
22 September 2020 15:00
mallowstreet Digital Investment Focus: Emerging Markets
As new and exciting players to the global stage, emerging markets is an area of interest to all investors looking for opportunities further from home. Our expert presenters will share their experience, help attendees understand the risks as well as the opportunities in allocating to this fast growing and expanding asset class.
In this afternoon workshop we will hear from two managers who are experts in their respective strategies.
This event is FREE to attend for investment decision makers and their advisors and is available for CPD accreditation.
Dr. Ricardo AdroguéDr. Ricardo Adrogué is Head of Barings’ Global Sovereign Debt and Currencies Group. Ricardo is the lead portfolio manager for the Emerging Markets Local Debt strategy and Blended Total Return Debt strategy, and backup portfolio manager for the Emerging Markets Sovereign Hard Currency Debt strategy. Ricardo has worked in the industry since 1992 and his experience has encompassed portfolio management, economic strategy and academia. Prior to joining the firm in 2013, he was at Cabezon Investment Group, LLC as well as at Wellington Management Company where he built a successful track record for the Emerging Markets Local Debt program and managed over $11 billion. Before Wellington, Ricardo worked at the International Monetary Fund conducting inflation modeling work for central banks and was country desk for Brazil, Costa Rica, and Trinidad and Tobago. He also worked with Salomon Smith Barney/Citigroup as a vice president of markets and economic analysis, a senior economist and a strategist for Panama and Peru, and New York University as an adjunct professor of Latin American Economics. Ricardo holds a B.A. in Economics from the Universidad Católica Argentina, an M.A. in Economics and a Ph.D. from the University of California, Los Angeles.
Paul Korngiebel, CFAMr. Korngiebel is a portfolio manager on all Boston Partners Emerging Markets strategies, including Boston Partners Emerging Markets Equity and Emerging Markets Dynamic Equity. He also serves as a supporting member of the greater Global Equity team, providing input on idea generation for various international and global portfolios. Mr. Korngiebel joined the firm from Deccan Value Advisors, which he co-founded, and prior to that he worked at Brandes Investment Partners. Both firms are dedicated to global value investing. Mr. Korngiebel holds a B.A. from Bowdoin (Phi Beta Kappa), M.A. degrees from Harvard and St. Johns College, and an M.B.A. degree from Northwestern (Beta Gamma Sigma). He holds the Chartered Financial Analyst® designation and has twenty years of investment experience.
Kerry Ann James, CFAMs. James is the Director of International Distribution responsible for the business development and marketing strategy outside North America. She joined the firm from the Monitor Group where she was focused on strategic marketing. Ms. James began her career in financial services with Morgan Stanley Asset Management in sales, and over the years, has worked at Goldman Sachs on the equity trading desk and Wellington Management Company in business development. Ms. James is a member of the Investment Committee for Castor Ventures, a venture capital fund for MIT-connected start-ups. Ms. James holds a B.S. degree in management science from the Massachusetts Institute of Technology and a M.B.A. degree in finance from the MIT Sloan School of Management. She holds the Chartered Financial Analyst® designation and FINRA licenses 7, 24 and 66. Ms. James has over twenty-two years of industry experience.