Braving the storm: Why this manager is buying in to emerging markets

Hawksmoor's Richard Scott has taken a contrarian approach to his rivals by investing in global emerging market equities - predominantly via trusts - following the sell-off.

Emerging markets remains firmly out of favour with investors at present, with huge levels of outflows seen from ETFs in January. In the face of such a negative trend, many managers are avoiding the region or temporarily holding off re-investing, as they wait for some of the macro and political problems to dissipate. However, the Hawksmoor fund of funds manager believes the opportunity to buy strong, long-term equity funds cheaply is too good to miss. "We are evaluating opportunities to take advantage of investor pessimism and focus on the attractive valuations now on offer, especia...