"Lonsec is pleased that emerging markets investment is viewed as a specialist asset class, attracting appropriate resourcing and expertise, as opposed to a 'bolt on' to Templeton's global equities capability, which can often be seen in other investment houses," Lonsec senior analyst Steven Sweeney said.
The combination of a highly experienced investment team that had successfully managed portfolios through a number of cycles, an extensive regional research presence and a well-crafted, stable research discipline made this an appealing option for investors seeking exposure to a benchmark-unaware, value-style emerging markets product, Sweeney said.
