CalSTRS Invests in ABS Global Investments' Emerging Markets Strategy
ABS Global Investments, an asset management firm with over $8 billion in assets under management (AUM), has announced a strategic investment from the California State Teachers' Retirement System (CalSTRS). This partnership is aimed at enhancing ABS's innovative Emerging Markets strategy, which focuses on differentiated equity across global and emerging markets.
The ABS Insights Emerging Markets strategy is meticulously managed by Guilherme Ribeiro do Valle, a founding partner and seasoned portfolio manager. The approach is distinctive in that it collaborates with local market specialists to identify and select stocks. By doing so, the strategy seeks to tap into unique investment opportunities, especially within mid and small-cap sectors, and create a diverse portfolio consisting of 150 to 250 stocks that spans various market capitalizations.
"As institutional investors increasingly seek innovative ways to invest in emerging markets, our ABS Insights strategy provides unmatched access and a unique investment perspective in local emerging market stocks," commented Mr. Valle. He emphasized that the collaboration with local specialists enhances the stock-picking process and aims to yield differentiated returns, particularly valuable in the competitive landscape of emerging markets.
The initial collaboration between ABS and CalSTRS represents a promising beginning for both entities. Valle expressed pride in partnering with CalSTRS, highlighting the strategy’s backbone, which combines local in-market expertise with a cost-effective and liquid portfolio structure. This relationship is expected to support CalSTRS' Global Equity team's investment goals effectively while paving the way for a long-lasting partnership.
ABS Global's $3.7 billion dedicated emerging markets platform features a variety of equity strategies, encompassing long-short and long-only approaches, along with specific country and region-focused investments. The ABS Insights Emerging Markets strategy is available in several formats, including a private fund, a collective investment trust (CIT), a mutual fund, and a segregated account.
In essence, this investment from CalSTRS is more than just financial backing; it symbolizes a strategic alliance that ensures both parties are poised to leverage their strengths to explore new and unique investment avenues in emerging markets. With ABS Global Investments' established framework and CalSTRS' commitment to responsible investing, this partnership is well-placed to navigate the complexities of global equity markets and deliver superior performance for investors.
For those interested in more details about ABS's innovative strategies and emerging market offerings, additional information can be found by visiting
ABS Global Investments.
About ABS Global Investments
ABS Global Investments specializes in discovering alpha opportunities within the realm of global equity strategies. With its firm-based headquarters in Stamford, Connecticut and additional offices in Hong Kong and Zurich, ABS is consistently on the lookout for specialized investment managers across the globe, particularly at the early stages of their career. This diligent approach is augmented by its proprietary system known as The ABSolute, which effectively streamlines research, due diligence, and risk management processes. As a majority employee-owned firm, ABS prides itself on the accountability and engagement of its employees, fostering a collaborative work environment defined by diligence and steady leadership.
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