The performances of GQG funds are really stunning, when we compare them to their respective index (as at 29/2/24) : - international equity fund : + 31.7 % on 1 year (vs + 12.5 % for the index), - US equity fund : + 45.4 % on 1 year (vs + 30.4 % for the index), - emerging market fund : + 40.7 % on 1 year (vs + 8.7 % for the index).
And it is not just 1 year performance, looking at the 5 performance vs the respective indexes.
So, they are able to get strong alpha, from each of the main markets where these funds are invested (US, emerging market and rest of the world). It is really rare to find a fund manager which is not linked to 1 particular investment style, 1 particular sector and/or 1 particular geography.
That's a really interesting set of skills for Australian investors looking for international equities exposure. If the global stock markets begin to be less dependant on US megatech, we can expect that GQG has the skills to pick up the next opportunities, in particular in emerging markets.
For example, you can find a really interesting article on GQG website : "when developed markets become emerging markets- Europe's regression". The large experience of Rajiv regarding emerging markets gives him an edge about these tough markets where we could see the next opportunities (if US stock markets begin to pick).
