Seafarer®

Pursuing Lasting Progress in Emerging Markets

News and Media

Money Life – Interview with Andrew Foster

In an interview with Money Life’s Chuck Jaffe, Andrew Foster notes that profits in developing markets are growing at a moderate pace, but analysts’ expectations for future growth may be unrealistic. He discusses key risks in these markets, including strained liquidity conditions in China and political instability in Turkey. Listen to the interview.

Seafarer Overseas Value Fund Mutual Fund Observer – Elevator Talk: Paul Espinosa, Seafarer Overseas Value

In Mutual Fund Observer’s “Elevator Talk” segment, Paul Espinosa discusses his approach to value investing in the developing world. View the article.

Citywire USA – Seafarer: Interview with Andrew Foster

In an interview with Citywire USA, Andrew Foster provides an outlook for emerging markets and describes his investment approach. View the article.

Barron’s – Emerging Markets Roundtable: Where to Invest Now

At the Barron’s emerging markets roundtable, Andrew Foster joins three other portfolio managers to discuss the outlook and risks in emerging markets. View the article.

Money Life – Interview with Andrew Foster

In an interview with Money Life’s Chuck Jaffe, Andrew Foster describes a structural change that has begun to transform the investment landscape within the developing world: the rise of “value.” Andrew suggests that the prerequisites for realizing a “value” strategy in developing markets are materializing, slowly but steadily, with improvements in accounting and legal standards, the proliferation of change-of-control investors, and the development of local currency debt markets. Listen to the interview.

Seafarer Overseas Growth and Income Fund Barron’s – The Three Best Emerging Markets Funds

Barron’s offers its views on three emerging market mutual funds, including the Seafarer Overseas Growth and Income Fund. View the article.

Morningstar – Emerging Markets: Not Quite at the Bottom Yet

Andrew Foster and Jason Stipp of Morningstar discuss valuations and prospects for growth in the emerging markets, along with the "decoupling" that is taking place in monetary and currency policies. View the video.

Seafarer Overseas Value Fund News Release – Launch of the Seafarer Overseas Value Fund

Seafarer launched the Seafarer Overseas Value Fund on May 31, 2016. The Fund applies a value discipline to emerging markets, where Seafarer estimates discounts to intrinsic worth are prevalent and compelling. Though distinct from Seafarer's Growth and Income strategy, the new Value strategy uses the same bottom-up, fundamental research process that is a hallmark of Seafarer’s philosophy. Seafarer believes the Value strategy has the potential to capitalize on long-term, structural changes in the emerging markets. View the news release.

Money Life – Interview with Andrew Foster

In an interview with Money Life’s Chuck Jaffe, Andrew Foster discusses the qualities that distinguish an emerging market. Andrew asserts that emerging markets are, by definition, beset by financial shocks, economic fragility, and governance shortcomings. While such dysfunctions beget unwelcome volatility, they also provide an opportunity to make basic improvements and progress, which can lead to sustainable growth. Listen to the interview.

Morningstar – What's Going on in China?

In an interview with Morningstar, Andrew Foster discusses the causes of recent volatility in the Chinese stock market, and what it means for China’s economy.

Seafarer Overseas Growth and Income Fund Value Investor Insight – Well Traveled

In an interview with Value Investor Insight, Andrew Foster discusses the Seafarer Overseas Growth and Income Fund’s strategy and holdings, and his approach to value investing in the developing world.

Morningstar – Seeking Sustainable Growth in Emerging Markets

In an interview with Morningstar, Andrew Foster discusses the Seafarer Overseas Growth and Income Fund’s performance over the past three years and his outlook for emerging markets in light of substantial changes taking place in China and India.

Seafarer Overseas Growth and Income Fund Mutual Fund Observer – Seafarer Overseas Growth and Income Fund Profile

The Mutual Fund Observer offers its analysis and views of the Seafarer Overseas Growth and Income Fund.

Seafarer Overseas Growth and Income Fund Morningstar – Frequent Fliers

Morningstar profiles Andrew Foster and other portfolio managers who are tackling the challenges of investing internationally.

Morningstar – Emerging Markets: Great Potential for the Patient

In an interview with Morningstar, Andrew Foster addresses the important structural changes underway as the emerging markets transition from an export-led to a service-led economic model.

Seafarer Overseas Growth and Income Fund Morningstar – Three Promising Diversified Emerging Markets Funds

Morningstar profiles the Seafarer Overseas Growth and Income Fund and other young emerging market mutual funds launched by industry veterans.

Morningstar – Has China Hit its Growth Limit?

In an interview with Morningstar, Andrew Foster discusses slowing growth in China and the shift in the country’s growth model.

Consuelo Mack WealthTrack – Interview

In an interview with Consuelo Mack, Andrew Foster describes what he looks for in an investment: sustainable growth and current income. He discusses how China’s growth model is changing, and how service sectors are likely to lead the way. He offers thoughts on Turkey’s potential, and he expresses confidence that growth persists despite severe global challenges.

Seafarer Overseas Growth and Income Fund Bloomberg – A Fund For The Risk-Averse In Emerging Markets

In an interview with Bloomberg, Andrew Foster discusses Seafarer’s investment strategy and the opportunities he sees in emerging markets.

Investing Daily – Emerging Market Stocks: The BRIC Is Just the Beginning

In an interview with Investing Daily, Andrew Foster addresses the economic transition taking place in some emerging markets and the investment opportunities arising from this shift.

Seafarer Overseas Growth and Income Fund Mutual Fund Observer – Interview

In an interview with David Snowball, Andrew Foster discusses why he founded Seafarer and the characteristics that distinguish the Seafarer Overseas Growth and Income Fund.

Seafarer Overseas Growth and Income Fund News Release – Seafarer Overseas Growth and Income Fund Launched

The primary investment objective of this new, no-load fund is to provide investors with long-term capital appreciation along with some current income. As a secondary objective, the Fund seeks to mitigate adverse volatility in returns.

Morningstar – Three Risks to Emerging Markets Investing

In an interview with Morningstar, Andrew Foster discusses current risks in developing markets, including entrenched inflation, potentially volatile emerging market currencies, and moderating growth in China.

  • The views and information discussed in this commentary are as of the date of publication, are subject to change, and may not reflect the writer's current views. The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities or any sectors mentioned herein. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Seafarer does not accept any liability for losses either direct or consequential caused by the use of this information.
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  • View the Seafarer Overseas Growth and Income Fund’s Top 10 Holdings. Holdings are subject to change.
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