Strategy
Emerging Markets
The Driehaus Emerging Markets team focuses on investing in emerging markets securities of all capitalizations, through the Driehaus Emerging Markets Growth and Driehaus Emerging Markets strategies. The strategies provide investors with exposure to companies experiencing growth inflections in addition to positive earnings revisions and medium-term (price) momentum, two factors that are positively correlated to alpha generation. The team is led by portfolio managers Howard Schwab, Chad Cleaver and Richard Thies.
Institutional Investors
Our institutional sales team will be pleased to address questions and requests related to separately managed accounts and/or institutional commingled vehicles that employ our investment strategies.
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Driehaus Emerging Markets Growth Strategy
View DetailsDriehaus Emerging Markets Growth Strategy
The strategy seeks to outperform the MSCI Emerging Markets Index over full market cycles.
Facts
- Strategy Inception Date
- Jan 01, 1997
- Total Strategy Assets
As of Oct 31, 2023
- $5,110M
Separately Managed Accounts
- Open to New Investors
- Yes
Funds
Institutional Commingled Accounts
- Minimum Initial Investment
- $1M
Driehaus Emerging Markets Small Cap Equity Strategy
View DetailsDriehaus Emerging Markets Small Cap Equity Strategy
The strategy aims to outperform MSCI Emerging Markets Small Cap Index.
Facts
- Strategy Inception Date
- Feb 01, 2016
- Total Strategy Assets
As of Oct 31, 2023
- $96M
Separately Managed Accounts
- Open to New Investors
- Yes
Funds
Philosophy & Process
The team employs a growth-oriented investment philosophy focusing on identifying company-specific growth inflection points and exploiting associated marketplace inefficiencies. Our philosophy hinges on a belief that market expectations tend to be ‘anchored’ to historical information and that points of inflection therefore introduce dislocations between market expectations and fundamentals which generate significant alpha capture opportunities. The team combines fundamental, macro and behavioral analysis with a nimble/active investment approach to quickly identify inefficiencies and generate a portfolio which uniquely seeks to achieve superior aggregate growth rates as well as superior risk characteristics.
Featured Commentary
Driehaus Emerging Markets Small Cap Equity Strategy October 2023 Commentary
This month’s commentary focuses on global energy markets, which continue to experience significant fundamental change, linked to corporate capital allocation decisions, geopolitics, and the macroeconomic backdrop, carrying meaningful implications for both emerging (EM) and developed economies. Countries and companies that are able to navigate this shifting landscape are likely to be rewarded in an outsized manner by market participants, while those that embark on value-destructive strategies are bound to suffer material consequences.
Driehaus Emerging Markets Small Cap Equity Strategy September 2023 Commentary With Attribution
This month’s commentary examines contributors and detractors from Q3 performance, as well as recent portfolio shifts, in greater detail.
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