East Capital and HMC Capital initiate investment research cooperation for Latin America
East Capital, an independent asset manager specialised in emerging and frontier markets, and HMC Capital, a Latin American financial advisory and investment firm, announce the signing of an advisory service agreement. Under the terms of the agreement, HMC Capital provides Latin American investment research to support East Capital’s global emerging markets capabilities, which have been highlighted recently by the launch of the East Capital Sustainable Emerging Markets fund, benchmarked against the MSCI Emerging Market Index, on June 30, 2017.
East Capital and HMC Capital have been working together since 2010 when HMC Capital was appointed to distribute East Capital’s investment products to institutional clients including pension funds and family offices across Latin America. Under the new agreement, the cooperation has been extended to also include investment research with focus on the emerging markets in the region. In its new role, HMC Capital will support East Capital’s investment team and work directly with the team members specialising on Latin America. At HMC Capital, equity research is led by Santiago Arias, Head of Equity, who is supported by a regional team.
Peter Elam Håkansson, Chairman and CIO of East Capital, says:
“We have always seen a local approach to investments as a key success factor in Emerging Markets. By leveraging our longstanding relationship with HMC Capital and further expanding our cooperation to Latin American investment research, we now offer our clients local insight and expertise in all major emerging market regions.”
Ricardo Morales, Co-founder and Chairman of HMC Capital, adds:
“HMC Capital and East Capital share the same approach and thinking towards the emerging markets universe and on-the-ground, in-depth research, integrating sustainability factors. We are therefore pleased to expand our longstanding relationship with East Capital with this exciting new phase of our cooperation.”
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About East Capital
East Capital is an independent asset manager specialised in emerging and frontier markets, founded in Sweden in 1997, with offices in Dubai, Hong Kong, Luxembourg, Moscow, Oslo, Stockholm and Tallinn. The company manages USD 3.7 billion in public and private equity funds, real estate funds and separate accounts, for a broad international client base, including leading institutions. Our investment strategy is based on extensive company knowledge gained through proprietary fundamental analysis and frequent company meetings. We incorporate ESG-related risks and opportunities in our investment process, and favour companies with long-term, sustainable growth perspectives and responsible owners.
About HMC Capital
HMC Capital is a Latin American financial advisory and investment firm, founded in Chile in 2009, with 6 offices in 5 countries: Chile, Peru, Colombia, Brazil and United States. The company manages more than USD 8 billion in assets under management and distribution from institutional & private investors in the Latin American region. The company offers asset management and advisory & capital access services. We advise and distribute leading international asset managers in liquid and alternative investments, providing them access to Latin America. We also manage proprietary and third-party investment funds, including alternative strategies such as private equity, credit and real assets.