Emerging markets present a landscape of opportunity for equity investors despite macroeconomic headwinds. In this piece, we asked Paul Birchenough, partner, and Ian Smith, partner, who in 2024 joined Hugo Scott-Gall, partner, as portfolio managers on William Blair’s Emerging Markets Leaders strategy, to explain how they seek to take advantage of such opportunities. In a multifaceted discussion, Paul and Ian explain what drew them to William Blair, delve into their philosophy and process, discuss where they see opportunities, and touch on a few areas of the market they’re avoiding.
