Artisan Partners | Artisan Partners Sustainable Emerging Markets Team

At a Glance

Overview

Maria Negrete-Gruson

Team Highlights

The investment team benefits from extensive emerging markets experience, continuity of its investment professionals and a rigorous research process.

All team members focus exclusively on finding emerging markets companies that offer sustainable returns on equity but fit tightly monitored risk and valuation parameters.
The investment team is composed of 7 individuals averaging more than 23 years of emerging markets investment experience.
The team is supported by an experienced global trading desk that averages more than 18 years of experience in global markets.
The team is principally based in New York.

Investment Process

The team seeks to invest in companies that are uniquely positioned to benefit from the growth potential in emerging markets and that possess a sustainable global competitive advantage.

Sustainable Earnings

The team believes that over the long term a stock’s price is directly related to the company’s ability to deliver sustainable earnings. The team determines a company’s sustainable earnings based upon financial and strategic analyses. The team’s financial analysis focuses on identifying historical drivers of return on equity, and our strategic analysis examines a company’s competitive advantages and financial strength.

Sustainability Assessment

We believe a company’s long-term direction and degree of change across multiple environmental, social and governance (“ESG”) metrics are important indicators of a company’s sustainable growth potential. Our sustainability assessment has incident-based and empirical components to evaluate a company’s historical, current and future potential behavior. We use a proprietary scoring system for the incident-based and empirical components of the assessment, which informs the team’s view of a company’s target price.

Risk Analysis

The team believes a disciplined risk framework allows greater focus on fundamental stock selection. The team incorporates its assessment of company-specific, sustainability and country-appropriate macroeconomic risk factors into its valuation analysis.

Valuation

The team believes investment opportunities develop when businesses with sustainable earnings are undervalued relative to peers and historical industry, country and regional valuations. The team values a business and develops a price target based on its sustainable earnings and the team’s risk analysis.

In-depth Investment Process

Management

Maria Negrete-Gruson, CFA
Portfolio Manager
Sustainable Emerging Markets Strategy
33Years Investment
Experience

Maria Negrete-Gruson, CFA, is a managing director of Artisan Partners and a portfolio manager on the Sustainable Emerging Markets team. In this role, she is the portfolio manager for the Artisan Sustainable Emerging Markets Strategy.

Prior to joining Artisan Partners in April 2006, Ms. Negrete-Gruson was the portfolio manager for DuPont Capital Management’s emerging markets equity portfolios. Before assuming responsibilities as portfolio manager, she was an international equity analyst at DuPont covering the developed Asia-ex Japan region. Earlier in her career, she was a foreign exchange trader for Banco Ganadero in Bogotá, Colombia. Ms. Negrete-Gruson holds a bachelor’s degree in finance and international relations from Universidad Externado in Colombia and a master’s degree in business administration from Columbia Business School. She is fluent in Spanish and Portuguese.

A portfolio’s environmental, social and governance (“ESG”) considerations may limit the investment opportunities available and, as a result, the portfolio may forgo certain investment opportunities and underperform portfolios that do not consider ESG factors.

The financial services and products described on this website are intended to be made available only to persons in the United States. This website does not constitute an offer or recommendation by Artisan Partners or any of its affiliated entities (collectively, "Artisan Partners") of securities or services to, or a solicitation by Artisan Partners of an offer to buy securities or services from, any person residing in a jurisdiction outside the United States in which such an offer or solicitation would be unlawful under the applicable laws and regulations. Materials on this website are informational only and should not be taken as investment recommendation or advice of any kind whatsoever (whether impartial or otherwise).

Artisan Partners offers investment strategies in the form of institutional separately managed accounts. Investment advisory services are offered through Artisan Partners Limited Partnership (APLP), an investment adviser registered with the U.S. Securities and Exchange Commission. The information contained herein is not intended to constitute, or be construed as, investment advice and any portfolio data or characteristics relating to individual accounts managed to an investment strategy, including pooled investment vehicles, may vary from what is shown for the strategy model portfolio or composite of accounts.

Artisan Partners Funds are distributed through Artisan Partners Distributors LLC, member FINRA, a wholly owned broker/dealer subsidiary of Artisan Partners Holdings LP. Artisan Partners Limited Partnership, an investment advisory firm and adviser to Artisan Partners Funds, is owned by Artisan Partners Holdings, LP. Artisan Partners Limited Partnership does not provide investment advice directly to shareholders of the Artisan Partners Funds.