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Which of the funds does everyone like GPGOX or GPIOX?
They appear to be two funds managed in the same manner, only different in terms of foreign or global. Personally, I'd recommend going with global, as I think one needs to have the flexibility in this environment.
If you already have quality domestic stock funds, I would go with GPIOX for the foreign exposure. In the last day and week, they are about average in terms of the numbers they are putting up.
I had asked Eric, Grandeur Peak Global President & COO, about their EM investing skillset and experience and he gave a solid response....
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"One of the key reasons for leaving Wasatch to start our own firm was to be able to structure our research team with global analysts who would truly be analyzing and comparing companies from all corners of the world. At Wasatch, Blake and Robert were traveling to Emerging Markets and investing in Emerging Markets. You are correct that there were other members of the Wasatch international team also searching those markets for interesting opportunities, and Robert and Blake shared ideas back and forth with those team members.
At Grandeur Peak, we are exploring emerging markets in a very similar fashion, and again expect that they will comprise a meaningful section of the portfolios. On the Grandeur Peak team we have four additional analysts beyond Robert and Blake to help cover the world. In specific reference to Emerging Markets:
· Amy Sunderland, is first a global analyst on Consumer and Healthcare companies, but she spends much of the year in Hong Kong, is originally from China, speaks Mandarin, and is a secondary analyst on China/Asia for us
· Randy Pearce is first our Financials analyst for the entire world, but secondarily he has lived in Brazil, speaks Portuguese, and is a secondary analyst on Latin America for us. He just returned from a week in Brazil with Amy Sunderland last month.
· Spence Stewart is our newest analyst and speaks French and Spanish. He has already spent a week in Korea, and is on his way to South Africa later this month.
· Rob Green is our Quantitative Analysts and manages our rigorous screening process through which we will screen over 30,000 companies around the world every year in search of what we believe are some of the best companies and investments. These screens include both emerging and frontier markets.
Searching the world is certainly a lot of ground for us to cover. We aggressively built out a 6-person research team before even launching our funds because we believe having the right research team is the single most important element to our success. We have an experienced and energized team. To effectiveky cover the world, It will be critical for us to follow our disciplined screening process, and then you’ll find our team on the road a lot. In time we hope to expand the team by a few more members, but Robert and Blake feel really good about the initial team we have in place."
Comments
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"One of the key reasons for leaving Wasatch to start our own firm was to be able to structure our research team with global analysts who would truly be analyzing and comparing companies from all corners of the world. At Wasatch, Blake and Robert were traveling to Emerging Markets and investing in Emerging Markets. You are correct that there were other members of the Wasatch international team also searching those markets for interesting opportunities, and Robert and Blake shared ideas back and forth with those team members.
At Grandeur Peak, we are exploring emerging markets in a very similar fashion, and again expect that they will comprise a meaningful section of the portfolios. On the Grandeur Peak team we have four additional analysts beyond Robert and Blake to help cover the world. In specific reference to Emerging Markets:
· Amy Sunderland, is first a global analyst on Consumer and Healthcare companies, but she spends much of the year in Hong Kong, is originally from China, speaks Mandarin, and is a secondary analyst on China/Asia for us
· Randy Pearce is first our Financials analyst for the entire world, but secondarily he has lived in Brazil, speaks Portuguese, and is a secondary analyst on Latin America for us. He just returned from a week in Brazil with Amy Sunderland last month.
· Spence Stewart is our newest analyst and speaks French and Spanish. He has already spent a week in Korea, and is on his way to South Africa later this month.
· Rob Green is our Quantitative Analysts and manages our rigorous screening process through which we will screen over 30,000 companies around the world every year in search of what we believe are some of the best companies and investments. These screens include both emerging and frontier markets.
Searching the world is certainly a lot of ground for us to cover. We aggressively built out a 6-person research team before even launching our funds because we believe having the right research team is the single most important element to our success. We have an experienced and energized team. To effectiveky cover the world, It will be critical for us to follow our disciplined screening process, and then you’ll find our team on the road a lot. In time we hope to expand the team by a few more members, but Robert and Blake feel really good about the initial team we have in place."