Sergey Dubin joined this frontier emerging markets strategy’s management team as a comanager earlier this year. Dubin has a good resume. He has served as a frontier emerging markets analyst since he joined Harding Loevner in 2015, and he has roughly 25 years of investment experience overall. Meanwhile, co-lead managers Pradipta Chakrabortty and Babatunde Ojo remain in place. Chakrabortty--who as previously has been announced will be promoted from comanager to co-lead manager on Harding Loevner Emerging Markets HLEMX in July--has good credentials, and Ojo does as well. The three managers have strong support and the strategy’s investment approach remains unchanged. Therefore, this strategy retains its Above Average People rating, its Average Process rating, and all three of its share classes retain their Morningstar Analyst Ratings of Neutral.
Will HLFMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HLFMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HLFMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HLFMX’s parent organization’s priorities and whether they’re in line with investors’ interests.