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Stewart Investors Global Em Mkts Leaders III

Ranked 240 out of 267 in - Global Emerging Markets over 12 months
All calculations are in GBP unless stated

Managed by

Jonathan Asante

Jonathan Asante started his career as a teacher at the London School of Economics whilst doing postgraduate research. He then joined NatWest Group where he was an assistant researcher. In 1995 he joined Framlington where he was a global emerging markets fund manager and group economist. After a nine year stint at Framlington he joined First State Investments as a senior analyst and became head of global emerging market equities after several years of co-managing GEM portfolios with Angus Tulloch.

Ashish Swarup

Ashish Swarup is Lead Portfolio Manager for several of Stewart Investors Global Emerging Market strategies and Lead Portfolio Manager of one of their Asian ones. He has over a decade’s experience in managing equity investments. Prior to joining Stewart Investors, he was Portfolio Manager (Global Emerging Markets) at Fidelity Management & Research and Fidelity Investments. Ashish has a Degree in Electronics and Communication Engineering from the Indian Institute of Technology, a Post Graduate Diploma in Management from the Indian Institute of Management, and holds a MBA from INSEAD in France.


The Fund invests primarily in large and mid capitalisation securities in emerging economies, including those of companies listed on developed market exchanges whose activities predominantly take place in emerging market countries. Large and mid capitalisation equities are currently defined as companies with a minimum market capitalisation of US$1 billion and a minimum free float of US$500 million at the time of investment.

Showing fund performance in United Kingdom View performance globally


Global Emerging Markets over : 30/09/2015 - 30/09/2016

Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 8.0% 10.9% 6.5%
2015 -4.3% 5.7% -5.8% -4.8% 0.9%
2014 8.7% 0.2% 4.0% 4.2% 0.1%
2013 -0.3% 7.5% -4.6% -1.0% -1.9%
2012 20.4% 8.0% -1.8% 10.3% 2.9%
2011 -6.3% -4.0% 2.5% -10.1% 5.9%
2010 30.7% 9.0% -2.8% 13.0% 9.2%
2009 49.7% 3.2% 14.5% 23.4% 2.7%
2008 -16.3% -4.5% -2.1% -10.1% -0.3%
2007 29.4% 3.1% 11.9% 6.0% 5.9%
2006 17.4% 9.0% -10.7% 5.3% 14.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Germany
  3. Hong Kong
  4. Ireland
  5. Macau
  6. Singapore
  7. United Kingdom

Fund Info

  • Launch date06/10/2005
  • Share Class size1,008Mn
  • Base currencyUSD
  • ISIN IE00B0169P41

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment0


  • Annual management0.85%

Related News

Why I’m not worried about First State

Citywire deputy head of research Frank Talbot explains why there is no need to panic over news Angus Tulloch and Jonathan Asante are stepping back from their funds.

Henderson names ex-First State AAA-rated Finegan as GEM equity head

Henderson Global Investors has hired Glen Finegan as head of emerging market equities.

First State's Asante loses AAA-rated Finegan for a year

AAA-rated Glen Finegan, who co-manages the firm's popular emerging markets fund with Jonathan Asante, will take a year long sabbatical.

Why Dart Capital remains defensive and is dodging behemoth bond funds

Dart Capital chief executive Richard Whitehead continues to back blue chips and has moved into short-dated gilts and corporate bonds in a bid to reduce volatility

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).