One of the top performing Russian equity managers over the last 3 and 5 years, according to data compiled by Bloomberg, and awarded best asset manager in Russia in 2020 by the Europe Banking Awards, VTB Capital Investments brings its star portfolio management team, led by Vladimir Potapov, CEO, to the Milltrust Emerging Markets Platform. Milltrust has appointed Mr. Potapov and his experienced team to deliver their actively managed flagship best ideas long-only Russian equity strategy for the investors on the Milltrust Platform.
“Vladimir and his team have distinguished themselves by their long successful track record of alpha generation, deep penetration and in-depth local knowledge of the Russian market,” explains Eric Anderson, Partner and Head of Emerging Markets at Milltrust, “the alpha is generated by investing in liquid stocks of blue chip local companies with a blended focus on both value and growth”.
In India, Milltrust has brought on to their Platform one of the most highly regarded India teams over the last 15 years. Marcellus Investment Managers, led by Mr Saurabh Mukherjea who is a multiple award-winning equity strategist and best-selling author, delivers a concentrated portfolio of heavily moated companies that drive healthy earnings compounding over long periods.
Mr Anderson explains, “Marcellus have really found the sweet spot in how to invest in Indian equities. They provide our clients with a very high quality portfolio of companies with strong management integrity and governance, a long track of prudent capital allocation and deep sustainable competitive moats”.
The Russian and Indian specialist teams join local teams from China, South Korea, South East Asia, Brazil and Africa on the Milltrust Platform to complete the full universe of the Emerging Markets. The Milltrust VTB Russia Fund and the Milltrust Marcellus India Fund offer daily NAVs and are available for investment through the BNY Mellon Pershing Platform.
About the Milltrust Emerging Markets Platform
Milltrust has been operating the single custodian Emerging Markets Platform since 2012. It allows investors to build their own Emerging Markets exposure by investing directly into any single or multiple country portfolios managed by the local specialists on the Platform.
“This multi-specialist approach of investing in Emerging Markets creates a very unique portfolio of very high quality and often times undiscovered domestically-focused companies; due to their local vantage point, our investment teams tend to identify these companies in the early part of their growth phase before the market catches on,” adds Mr Anderson.
In terms of the characteristics of the local teams, Mr Anderson says, “the teams that we are working with are focused, performance-driven and specialist firms whose primary function is to select companies for an equity portfolio.”
Milltrust’s flagship product, the Milltrust Global Emerging Markets Fund, offers investors a single point of entry tobenefit from the full roster of specialist teams on their Platform. The regulated Fund offers daily NAVs and a low management fee-only share class.
Milltrust was founded in 2011 and is headquartered in London and Singapore. The London entity is authorized and regulated by the UK FCA. The company’s investor base includes pension funds, sovereign entities, family offices, entrepreneurs, and high net worth individuals.