HC Sephira GEM Long Only UCITS Fund
Sephira take a bottom-up approach to uncover high quality, undervalued companies in the overlooked areas of Emerging Markets, whilst others tend to be drawn to Tech, China and India.
Sephira view emerging markets primarily as a risk management problem meaning a buy and hold approach, that works in developed markets, can struggle in emerging markets (typically resulting in a negative Sharpe ratio). As a result, they use their proprietary ‘Sizer tool’ to suggest optimisations to the portfolio.
The idiosyncratic nature of their approach has historically resulted in a clear lack of correlation to peers, whilst its ability to protect capital in difficult periods has been demonstrated over multiple cycles.
Key people:
Jason Mitra
The Lead Portfolio Manager, founder and Chief Investment Officer for Sephira Investment Advisors. Prior to founding Sephira in 2017, Jason was co-portfolio manager for the Carrhae Capital LLP Emerging Markets strategy. Prior to joining Carrhae in 2013, Jason was a portfolio manager with Moore Europe Capital Management. Jason holds an MA in Economics and Politics from Edinburgh University, 1996.
Amit Maskara
The founder and Deputy Chief Investment Officer for Sephira Investment Advisors. Prior to founding Sephira in 2017, Amit was co-founder and co-portfolio manager for the Carrhae Capital LLP Emerging Markets strategy. Prior to founding Carrhae in 2012, Amit worked at Fidelity Investment as a Research Sector Team Leader for the Global and Emerging Markets Team. Amit holds an MBA from London Business School, 2008.
Fund Level Documentation
Supplement
Supplement
Monthly Reports
Latest Monthly
Report
Sustainability-Related Disclosures
Website Disclosure