FIRST STATE GLOBAL EMERGING MARKETS LEADERS A - Manager
Bestinvest rating
Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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–
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1.74%
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-0.42%
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0.17%
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1.21%
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0.32%
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–
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0.37%
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87.1%
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0.0%
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97.3%
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Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Jonathan Asante
 "Photo of Jonathan Asante")
Asante joined First State Investments’ Global Emerging Markets team as Senior Analyst in November 2004 and in August 2006 was appointed Joint Deputy Head of Global Emerging Markets. His primary area of research is the entire emerging markets universe and he acts in the capacity of Co-manager for a number of portfolios. He joined from Framlington where he was Global Emerging Markets fund manager and Group Economist. Prior to joining Framlington in 1995, he was employed by NatWest Group where he was an Assistant Researcher, analysing the UK economy and UK credit markets. Asante graduated from the London School of Economics with a BSc and MSc in Economics. He is an Associate member of the UK Society of Investment Professionals.
Track record
Jonathan Asante has 8.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.37%.
During the worst period of relative performance (from February 2009 - March 2010) there was a decline of 12% relative to the index. The worst absolute loss has been 36%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 97%.
Other funds managed
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Start Date |
FIRST STATE GLOBAL EMERGING MARKETS A
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Jan 2008
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Jan 2008
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FIRST STATE LATIN AMERICA A
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Apr 2009
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| Periods of worst performance |
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Absolute
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-36%
(March 2004 - November 2008)
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Relative
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-12%
(February 2009 - March 2010)
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Sector record since
December 2000 (8 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach