Polunin Capital Partners Limited

Founded in 2001, Polunin is an employee-owned value specialist managing c.$7.5bln in International and Emerging Markets equity portfolios on behalf of an exclusively institutional client base. We believe that markets are inherently cyclical and oscillate consistently around a secular trend driven by predictable human behaviour. Understanding cycles results in a knowledge-advantage vis-à-vis peers. Whilst we do not pretend to know the future, we do aim to tilt the odds of reaping asymmetric returns in our favour Exploiting the profit potential of market cycles requires a disciplined investment approach. We combine proprietary valuation metrics that filter out market noise with an ability to be contrarian when the payoff for betting against consensus is overwhelmingly in our favour. We believe that our distinctive investment process typically results in return and portfolio characteristics that offer significant diversification benefits.