Emerging markets investment
Somerset Capital was founded by Edward Robertson, Dominic Johnson and Jacob Rees-Mogg in 2007 as an investment management firm focusing on global emerging markets. The firm has $8.4bn under management (as of 3 August 2018), with 49 members of staff including 19 investment managers and analysts based in London and Singapore.
Emerging markets took a tumble at the start of the year and worried investors pulled their money out of some of the largest emerging market equity funds in the UK market.
Fund selectors have revealed the difficulties in allocating to Asia and emerging markets as some of the most popular retail funds close their doors to new investors.