Pacific Asset Management, a London-based asset manager founded by entrepreneur Sir John Beckwith, has become a partner in an emerging markets boutique, North of South Capital, also based in London.
North of South specialises in emerging market equities and acts as a sub-adviser to the GAM Star North of South fund, a long-only Ucits fund.
The fund has outperformed global emerging markets, net of fees, by over 400 basis points a year over the last five years, said Pacific, quoting Bloomberg figures.
North of South Capital was founded Matt Linsey in 2004.
Pacific Asset Management is part of Pacific Investments Group, founded by Sir John. The group founded Thames River Capital with its flagship emerging market fund Thames River Nevsky, which later became Nevsky Capital.
Sir John said: “As investors, we are optimistic about the prospects for emerging markets equities.”
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