
Emerging with a three‑year track record.
April 30 marked the 3-year anniversary of Ariel's emerging markets value strategy. Congratulations to Portfolio Managers Henry Mallari-D’Auria, CFA®, Vlad Byalik and Christine Phillpotts, CFA®—and to the entire EMV research team whose collective expertise underpins the strategy.
Meet the full EMV team: bit.ly/4upm9t5
Valuations across EM remain compelling even as fundamentals improve. Our strategy is built around value with a catalyst—identifying attractively priced companies showing clear signs of business inflection. This discipline helps us avoid value traps while seeking to uncover high‑conviction opportunities.
Three years in, and we are just getting started. 🐢
Active Patience® | Independent Thinking | Focused Expertise | Bold Teamwork

English
























