Esemplia Emerging Markets* ("Esemplia") is a dedicated emerging markets equity investment management firm. Esemplia is solely focused on the generation of alpha for clients around the world who are seeking a dedicated and long-term allocation to the asset class.
Culture and People
Esemplia's culture is one built upon in-depth experience in these markets for almost two decades. It is one founded upon discipline, respect, transparency and accountability.
Esemplia's people are best described as being as diverse as the markets in which they invest, with representation of some 16 nationalities and 14 languages with a number of individuals having lived and worked in two or more emerging markets. This eclectic mix provides a unique blend of experience and perspective which they believe is particularly conducive to managing monies in emerging markets.
Approach to Investing
Esemplia adopts a core, fundamental research-based approach to managing monies in the asset class. Its investment processes are systematic, disciplined and repeatable and whilst bottom-up focused, incorporate top-down or macro inputs as well as being risk-aware. It believes that the emerging markets are inefficient and its process is capable of extracting alpha as a result.
While Esemplia knows that over a shorter term, non-fundamental factors such as exuberance or investor sentiment (whether positive or negative) can sometimes drive returns, these factors seldom continue. During these times Esemplia maintains its fundamental discipline.
Strategies
Esemplia's flagship, long-only, core strategy commenced in the early 1990s. As the asset class has evolved, it has developed and implemented a variety of emerging market strategies over time.
*Esemplia Emerging Markets, the trading name of Legg Mason International Equities Limited.