Founding Partner &
Portfolio Manager,
Research & Portfolio Management
Founding Partner &
Portfolio Manager,
Research & Portfolio Management
January 28, 2025 | Vergent Asset Management
In our 4th quarter investor letter, we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
January 28, 2025 | Vergent Asset Management
In our 4th quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
November 28, 2024 | Vergent Asset Management
In our 3rd quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
November 28, 2024 | Vergent Asset Management
In our 3rd quarter investor letter, we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
August 7, 2024 | Vergent Asset Management
In our 2nd quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
August 7, 2024 | Vergent Asset Management
In our 2nd quarter investor letter, we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
April 26, 2024 | Vergent Asset Management
In our 1st quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
April 26, 2024 | Vergent Asset Management
In our 1st quarter investor letter, we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
February 14, 2024 | Vergent Asset Management
In our 4th quarter investor letter, we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
February 14, 2024 | Vergent Asset Management
In our 4th quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
November 23, 2023 | Vergent Asset Management
In our 3rd quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
November 23, 2023 | Vergent Asset Management
In our 3rd quarter investor letter we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
July 26, 2023 | Vergent Asset Management
In our 2nd quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
July 26, 2023 | Vergent Asset Management
In our 2nd quarter investor letter we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
May 3, 2023 | Vergent Asset Management
In our 1st quarter investor letter, we discuss our views on frontier emerging markets and the main return drivers for the strategy over the period.
May 3, 2023 | Vergent Asset Management
In our 1st quarter investor letter we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
March 7, 2023 | Vergent Asset Management
As this quarter marks the final letter for the year 2022, we thought it will be helpful to reflect on the key events that shaped the performance of the strategy in the year.
March 7, 2023 | Vergent Asset Management
In our 4th quarter investor letter we discuss our views on the MENA equity markets and the main return drivers for the strategy during the quarter.
November 2, 2022 | Vergent Asset Management
Relatively speaking, the strategy’s returns for the quarter are respectable. While a single quarter of outperformance versus global and emerging market equities is by no means significant, there are observations that we deem significant in shaping the medium-term outlook for the strategy.
August 19, 2022 | Vergent Asset Management
The weak absolute returns in the period reflect a very challenging investment environment for our strategy. Our focus on African and Asian companies and through-the-cycle underwriting process puts us at a cyclical disadvantage when food and oil prices experience sharp and sustained inflation.
May 11, 2022 | Vergent Asset Management
The strategy experienced a perfect storm of negative risk events during the quarter, starting with the unrest in Kazakhstan in January. This was followed closely by the Russian invasion of Ukraine at the end of February.
January 24, 2022 | Vergent Asset Management
The strategy generated a net return of 8.4% in the year ending December 2021. The strategy’s performance in the year was shaped by a continuation of some of the themes that underpinned returns in 2020 and others which had a less favourable impact on historical returns but now appear to be turning the corner.
November 2, 2021 | Vergent Asset Management
The strategy’s performance in the quarter was driven by three key factors: 1. Reopening sensitivity in the retail and financial services portfolio in Indonesia and the Philippines as those economies emerge from their respective lockdowns as a result of a ramp up in vaccinations in the key economic centers.
July 16, 2021 | Vergent Asset Management
The strategy continues to be rewarded for the thesis we’ve built around technology, payments, and financial inclusion in our markets. The starting point for us in that process was the mobile money opportunity in East Africa which continues to be best exemplified by Kenya’s Safaricom’s M-Pesa.
April 6, 2021 | Vergent Asset Management
The Vergent Emerging Opportunities strategy generated net USD returns of negative 3.6% in the quarter ending March 31 2021. The strategy continues to be focused on identifying transformational growth companies in the Frontier and smaller Emerging markets.
For additional information on Vergent Asset Management LLP, please contact:
Founding Partner &
Business Manager,
Client Services, Risk & Compliance
Please take the time to carefully read the following as it contains important information regarding certain restrictions imposed by statute and the applicable securities regulatory authorities on the distribution of information through this website.
Material presented on this website should be considered for background information only and should not be construed as investment or financial advice. Further, information on this website should not be construed as an offer or solicitation by the Connor, Clark & Lunn group of companies to provide investment management services or to buy or sell any products.
The Vergent Asset Management LLP (Vergent) website may contain hyperlinks to websites operated by parties other than Vergent. Such hyperlinks are provided for your reference only. Vergent does not control such websites and is not responsible for their contents. The inclusion by Vergent of hyperlinks to other websites does not imply any approval or endorsement of the material on such websites or any association with their operators.
The Connor, Clark & Lunn group of companies includes a number of entities that may be registered as investment advisers, investment fund managers and exempt market dealers in various provinces and territories of Canada. A number of entities are also registered with the Unites States Securities and Exchange Commission as advisers in that country and the Connor, Clark & Lunn group of companies also includes a number of investment advisers and fund managers that are authorized and regulated by the Financial Conduct Authority in the United Kingdom. The information provided on this website regarding each entity is directed solely towards qualified investors in jurisdictions where the appropriate entity is registered. Services offered by any of the entities in the Connor, Clark & Lunn group of companies are offered solely to qualified residents of the jurisdictions where the entities are qualified to do business.
Certain securities regulations prohibit the publication of specific registration information about the registered entities in the Connor, Clark & Lunn group of companies. For more information, please contact the Connor, Clark & Lunn Compliance Department at [email protected] or 604-685-2020.
