By Justin Leverenz, Team Leader and Senior Portfolio Manager and Heidi Heikenfeld, Senior Portfolio Manager
Insightful research may deliver a competitive edge in a changing EM world
The investment management landscape has changed dramatically with the proliferation of passive investment vehicles and the genesis of machine learning. Active investors are increasingly challenged by mechanistic and non-idiosyncratic methodologies that result in low-fee, but broadly undifferentiated products. As long-term active investors in emerging markets ((EM)), we contend that there is still a bright future for strategies that employ creativity and imagination to discover and invest