Focus on quality companies dictates GEM returns

Aberdeen's Emerging Markets fund stands at the top of its sector over one and three years, after bac...

Aberdeen's Emerging Markets fund stands at the top of its sector over one and three years, after backing only the highest-quality companies and refusing to chase momentum. Mark Gordon-James, one of the managers on Hugh Young's team, said Warren Buffet-style investing had led them to invest in a smaller number of companies where they have the highest conviction. They do not like stocks that are unpredictable or even cyclical and strictly avoid areas of euphoria. Aberdeen Emerging Markets has returned 33.79% bid to bid over three years to 6 October, doubling the Global Emerging Markets ...