Posted inLatest news

Artisan Partners offers Developing World Ucits Fund

India and Middle East lights during night as it looks like from space. Elements of this image are furnished by NASA.

US group Artisan Partners has launched the Artisan Developing World Fund, an Ireland-domiciled Ucits fund managed in line with the Artisan Developing World strategy, which incepted on 1 July 2015 and managed $1,993m (€1,758m) as of 31 December 2018.

The fund is managed by Lewis Kaufman, founding portfolio manager of the developing world strategy and a managing director of Artisan Partners.

Kaufman said: “We believe compounded business value drives long-term capital appreciation and seek to optimise our stock selection process for challenges unique to the developing world.

“Our investment process emphasises financially sound, free cash-flow generative companies with compelling business models, while seeking to mitigate the volatility of returns.”

Andrew Marks, managing director and head of EMEA distribution, said: “We are delighted to have received external funding from a seed client to formally launch this new Ucits Fund. Lewis has a unique investment process, which has proven capable of producing alpha over a full market cycle.

“And we are confident that his concentrated (portfolio) approach to emerging markets equities will be well received by Ucits investors.”

As of 31 December 2018, 21% of Artisan Partners’ $96.2bn in AUM was sourced from clients outside the US, including $3.6bn in its Ucits fund complex domiciled in Ireland.

David Robinson

David Robinson is the editor of Expert Investor. He has 18 years’ experience as a business journalist and editor. In the past he has written for the Guardian newspaper and The Telegraph, and worked as...

Part of the Bonhill Group.