Bestinvest says
Aberdeen's global emerging markets team place a high level of emphasis on fundamental investment, investing in quality companies and undertaking detailed proprietary company research. The team is well resourced, not just in numbers but in experience as well. The fund is well suited for those looking for a more cautious approach to the region. Investors should note that there will be an overlap in holdings with Aberdeen’s Asian funds so it may be inadvisable to hold both for diversification purposes.
The invest process follows a team-based approach that looks for 'high quality' companies which have durable business models, strong corporate governance and solid balance sheets. Once invested, the fund tends to hold stocks for a number of years. The team have now met a large number of companies within the global emerging markets universe and they are also able to draw on the in depth company research that Aberdeen has carried out on companies in Asia since 1985. After an initial screen for quality criteria, the whole team follow the same approach to analysing companies. This focus on the quality of a business means that team discussion usually focuses on valuation of a business if it is considered good enough to invest in. The team set buy-price targets and maintain a watch list of stocks which includes businesses that meet their quality criteria but are considered too expensive to invest in.