On 26th September 2019, Stewart Investors announced the departure of Ashish Swarup, co-manager of the Stewart Investors Global Emerging Markets Leaders fund. Following this news, the fund remains on our Established list.
The fund was co-managed by Ashish Swarup and Tom Prew. Following this news, Tom Prew will continue to manage the fund alongside Chris Grey, an existing member of the team who has been promoted from an investment analyst role. Mr Prew joined Stewart Investors in 2006 and is lead manager of the Global Emerging Markets All Cap Strategies, the Latin American fund and the Frontiers strategies.
While Messrs Prew and Grey will have overall responsibility for the fund, they work as part of a close-knit team. They operate according to a well-honed, collegiate approach and the strong investment philosophy that underpins all their funds remains in place.
As a reminder, the fund has a large-cap, high quality growth bias. As part of their approach, they spend a great deal of time understanding a company’s history, culture and sustainability credentials, as they expect to be investors in businesses for the long term.
Please note: with its strong heritage, the strategy has attracted significant assets under management. The firm is managing flows into and out of the fund and there is the potential for a front-end charge. Investors should contact their sales representative for further information.
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