Morgan Stanley Investment Management (MSIM) has launched the Morgan Stanley Investment Funds (MS INVF) Developing Opportunity fund.
Led by Kristian Heugh, the global opportunity team invests across capitalizations, sectors and geographies (including Greater China, India and Brazil). The team's bottom-up stock selection focuses on companies with sustainable competitive advantages and long-term growth that creates value. The global opportunity team is part of the Counterpoint Global platform, which seeks long-term capital appreciation by investing primarily in established and emerging companies throughout the world.
Developing Opportunity offers investors the same potential long-term capital appreciation that has underpinned the strong success of MSIM's high-performing Global Opportunity fund.
"The hallmark of our investment team is understanding how companies can monetize their uniqueness over time. By aiming to own a concentrated portfolio of high quality businesses purchased at a substantial discount to our estimate of intrinsic value, we believe we can capture opportunities and manage risk across equity market cycles," said Kristian Heugh, managing director and head of the global opportunity team.
The investment process integrates analysis of sustainability with respect to disruptive change, financial strength, environmental and social externalities and governance (also referred to as ESG). The fund invests primarily in companies with capitalizations within the range of companies included in the MSCI Emerging Markets Net Index.