The first RankiaPro Breakfast with Professionals in Porto

The first Breakfast with Fund Selectors & Fund Buyers in Porto was held on April the 11th at the Crowne Plaza Porto hotel. We were joined by Edmond de Rothschild and Groupama AM, who presented their investment strategies and their investment philosophy to a distinguished audience formed by fund selectors, fund buyers and other investment professionals.

The event kicked off with an inaugural speech by our moderator Filipe Silva, Investment Director at Banco Carregosa, who introduced the gathering sharing a brief macroeconomic perspective and then giving way to the speakers.

The first RankiaPro Breakfast with Professionals hosted in Porto was honoured by the presence of Lisa Turk, Fund Manager Emerging Credit at Edmond de Rothschild Asset Management and Juan Rodríguez-Fraile, Country Manager Iberia & Latam at Groupama Asset Management.

Edmond de Rothschild AM: An opportunity in EM Corporate Debt

Lisa Turk, co-manager of the EDR Fund Emerging Credit and lead portfolio manager at the EDR Fund EM Climate Bonds, presented the Edmond de Rotschild's conviction on emerging market corporates. According to Edmond de Rothschild, emerging market's credits should benefit from interest rates cuts by the Federal Reserve. Furthermore, strong credit fundamentals make emerging markets less vulnerable to external shocks, for that reason, defaults in emerging market corporates are expected to fall sharply. Edmond de Rotschild believes that carry and rate cuts should be the main performance drivers for the following months.

Within this strategy, Lisa presented the EDR Fund Emerging Credit and the EDR Fund EM Climate Bonds.

EDR Fund Emerging Credit

Lisa Turk presented the EDR Fund Emerging Credit, a fund which invest in high yield emerging markets corporates to take profit of well-run companies which valuations and credit rating do not reflect the intrinsic value nor their potential. The conviction-led strategy launched in 2009 benefits from having the flexibility to invest across multiple factors and sectors regardless the benchmark positions. The manager recommends holding the fund with a minimum time horizon of 3 years.

EDR Fund EM Climate Bonds

Lisa also presented the EDR Fund EM Climate Bonds, a fund where she acts as Lead Portfolio Manager. This fund launched in June 2023, invests in green and sustainable bonds. This strategy carried by Edmond has a stringent bond selection process focused on having a true positive impact on the environment. In this case, the fund invest in Investment Grade bonds with an average credit rating of BBB+ aiming to invest in the future leaders.

Groupama Asset Management: benefit from the growth of disruptive companies

Juan Rodríguez-Fraile, Country Manager Iberia & Latam at Groupama Asset Management, shared Groupama's investment strategy and philosophy. Juan highlighted Groupama's leadership as one of the largest French fund managers, as well as its pioneering role in sustainable finance, integrating ESG criteria since 2003. Groupama's Country Manager shared the manager's global equity range, including global equities, global thematic equities & global regional equities.

Juan Rodríguez-Fraile presented the G Fund - Global Disruption, a fund that aims to benefit from the growth of disruptive companies.

G Fund - Global Disruption

Back in 2018, Groupama AM launched the G Fund - Global Disruption, aiming to stay at the forefront of innovation and anticipate future trends by investing in new opportunities with high growth potential. As technological disruption is creating new investment opportunities.

The fund invests in a diversified portfolio, as it invest in at least 5 different sectors and three countries. The selection process is based on quantitative analysis and fundamental analysis, starting from the whole universe of listed companies in America, Europe, Asia and EM, and closing with a portfolio construction of 30 to 60 securities. The fund aims to create value investing not only in technology, but also in companies benefiting from disruptive trends and innovations, as healthcare, energy, environment... The manager recommends a holding period of at least 5 years, to benefit from the innovation and disruptiveness of the companies in the portfolio.