Investor Summary

The BNY Mellon Global Emerging Markets Fund is managed by experienced emerging markets specialists Alex Khosla and Aditya Shah, both CFA charterholders with deep regional expertise. Alex Khosla leads the fund as Portfolio Manager since May 2025, bringing experience from Aikya Investment Management, Stewart Investors, AXA Framlington, and UBS Investment Bank. Aditya Shah joined as Portfolio Manager in September 2025 after serving as desk analyst on the global emerging markets portfolio since August 2021. The team operates under Newton Investment Management's proven investment framework with oversight from emerging markets and Asia equities head Liliana Castillo Dearth. The management structure combines specialized emerging markets knowledge with institutional investment discipline. Both managers have extensive experience in fundamental analysis and portfolio construction for emerging markets strategies. The team benefits from Newton's global research platform and risk management capabilities. Their approach reflects deep understanding of emerging markets dynamics including political, economic, and corporate governance factors.

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Fund Strategy

Newton Investment Management Limited employs a fundamental bottom-up investment process emphasizing quality, return on capital employed and governance. The fund identifies investment themes linked to global economic, industrial, or social trends. The investment manager has discretion to deviate from the MSCI Emerging Markets NR Index benchmark. The strategy focuses on quality companies with strong competitive positions and governance standards. The approach enables concentration on high-conviction positions while maintaining geographic and sector diversification. Portfolio construction reflects active management philosophy with meaningful allocations to best ideas. The team analyzes structural changes in emerging markets to capitalize on long-term growth opportunities. Risk management is integrated through fundamental research and quality-focused security selection. The investment process emphasizes sustainable competitive advantages and responsible capital stewardship in emerging market companies.

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FUND PERFORMANCE AS OF 30th September 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
8.80% 9.90% 19.70%