Ann: Mid Year Results - Investor Presentation, page-8

Thanks Greg. I thought I missed it but started recording at 8:20am anyway. It was a very long interview. Some key points for those who missed:
1. Petrobras is 2.5 to 3 times PE ratio, dividend yield 30% for the last year (GQG have this holding in most funds)
2. India best positioned to withstand global recession and GQG has major positions in this country - growth is accelerating and multiples are low.
3. Back in BABA (not as much as 5 years ago), China interest rate drop and stimulating economy. Finding better returns in other EM countries and are overweight Brazil, India and Indonesia. Underweight China.
4. Second half for EM, believes EM is oversold and there is too much fear in market. Particularly Brazil, recent left wing government has strengthened shareholder rights, Rajiv very bullish on Brazil (see Petrobras in point 1).
5. Global Equity positions have grown high double digits and feels there is further growth here.

Best of Luck
Lost