East Capital boosts Latin American capabilities through new advisory partnership with Credicorp Capital Asset Management
East Capital, specialist in emerging and frontier markets, has agreed a new investment advisory partnership with Credicorp Capital Asset Management to boost the firm’s insight into economies, markets and stocks in Latin America, an important region for East Capital’s global strategies.
Credicorp Capital AM will be fully integrated into East Capital’s investment process, working directly with team members focusing on Latin America, and providing advisory support on the current macroeconomic and political environment, as well as detailed and timely analysis of target investment and divestment opportunities.
The partnership reflects the shared investment philosophies of East Capital and Credicorp Capital AM, combining extensive financial analysis with a local approach and frequent company meetings, and recognizing the value of incorporating ESG standards into the investment process, which favours companies with long-term, sustainable growth perspectives and responsible owners.
Peter Elam Håkansson, Chairman and CIO of East Capital, says:
“This cooperation with Credicorp will provide East Capital with deeper insight into markets in Latin America. We believe the investment style of East Capital and Credicorp are very compatible, reflecting the value of a long-term focus and ESG integration. We expect their input and market knowledge to significantly enhance our investment capabilities in Latin America.”
James Loveday, Regional Head of Credicorp Capital Asset Management adds:
“We are deeply excited about this partnership with East Capital, which demonstrates the importance of our unique investment approach in the region. We are confident that the integration of sustainability factors into our investment process and the focus on in-depth research and a long-term approach will yield positive results for both firms and our clients.”
Ilze Johnston, Marketing Communications Manager, East Capital
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Andrew Fleming/ Georgie Rudkin, MHP Communications, Europe
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Ruby Lo / Judith Bence, MHP, Asia
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Santiago Arias, Head of Equity and Portfolio Manager, Credicorp Capital Asset Management
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Nicole Montalvan, Investment Product Director, Credicorp Capital Asset Management
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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 3.5 billion in public equity funds, real estate funds and separate accounts, for a broad international investor 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 Credicorp Capital Asset Management
Credicorp Capital AM is one of the largest investment advisory firms in Latin America with USD 20 billion in assets under management and under advice. The company envisions to be the top manager of Latin American assets for investors inside and outside the region. Currently it has an important on the ground presence in Chile, Colombia, Panamá, Perú and United States, and has more than 25 years investing across the region. In 2018, the firm launched Credicorp Capital Latin American Equity fund, a Luxembourg domiciled UCIT fund advisable for global institutional and retail investors
This is not an offer or recommendation to invest in any of East Capital’s funds. Full information on East Capital’s funds, such as the prospectus, key investor information document (KIID) and financial reports can be obtained free of charge from East Capital, from our local representatives and are available on East Capital’s website. Past performance is no guarantee for future performance. Fund units may go up or down in value and may be affected by changes in exchange rates. Investors may not get back the amount invested. The availability of East Capital’s funds may be limited or restricted in some countries. Detailed Information about where the funds are registered and what types of distribution are permitted can be obtained at East Capital.
This material is given in summary form for convenience of presentation and has been prepared solely for purpose of information and illustration in respect of Credicorp Capital Servicios Financieros S.A, Credicorp Capital Latin American Equity Fund and other Credicorp Capital Asset Management funds (the “Funds”). Information contained herein shall only be valid at the time it is given. Under no circumstances should the information contained herein be used or considered as an offer to sell, or solicitation of an offer to subscribe for any share, nor should be the main or sole reason for making an investment decision in the Funds. Subscriptions to the Funds shall only be made on the basis of the latest prospectus, and the most recent semi-annual or annual reports, after an evaluation of the merits and risks of the shares, and prior to entering into any subscription. Past performance is no guarantee for future performance. The risk and performance of the securities that the Fund invests in does not reflect the risk or performance of the Shares. The availability of the Funds may be limited or restricted in some countries. Credicorp Capital Ltd, or any affiliate shall not be held liable by decisions taken by a person on the basis of this information.