As more family offices become cautious with emerging markets, they need a more nuanced approach
In an interview with Chief Investment Officer, Douglas Evans, CIO at Callan Family Office, said he recommends investors underwrite governance, cost of capital and shareholder rights at the security level, rather than buying the beta.
“Practically, that means active or targeted exposure over broad EM index products, often accessing EM demand for developed-market-domiciled operators with EM revenue,” Evans adds.