Macquarie Asset Management today announced the launch of Macquarie Focused Emerging Markets Equity ETF (EMEQ), which began trading on the Nasdaq Stock Market today. The new exchange-traded fund (ETF) is managed by the firm's Emerging Markets Equity Team, led by Liu-Er Chen, CFA. The experienced team, with $US8.3 billion in assets under management, has applied its investment philosophy consistently for more than two decades and believes that the combination of secular growth opportunities, high-conviction stock selection, and valuation discipline can provide the foundation for strong long-term investment returns.
"By adding EMEQ to our platform, we're excited to bring the expertise of our Emerging Markets Equity Team to the ETF market," said Anthony Caruso, Head of ETF Strategy, Macquarie Asset Management. "This new offering also addresses the growing investor demand for fundamental, active solutions in a more nascent category within the ETF market."
The actively managed portfolio of 35-60 stocks seeks to invest in competitively advantaged companies that are well positioned to capture long-term secular growth opportunities in emerging markets. "The approach is grounded in bottom-up, fundamental analysis of individual companies, placed in the context of evolving secular trends in the global economy," said Linda Bakhshian, Deputy Chief Investment Officer of Equities & Multi-Asset, Macquarie Asset Management. "We believe the team's time-tested investment approach, which analyzes structural changes to identify companies that are well positioned across the value chain, can generate superior returns for our investors."
In November 2023, Macquarie Asset Management launched its first three active ETFs in the US - Macquarie Global Listed Infrastructure ETF (BILD), Macquarie Energy Transition ETF (PWER), and Macquarie Tax-Free USA Short Term ETF (STAX) - followed by Macquarie Focused Large Growth ETF (LRGG), the firm's fourth ETF, in May 2024.
To learn more about Macquarie Asset Management's global ETF platform, click here.
