Equity
Total Emerging Markets Equity Team
The team focuses on total returns including multiple rerating, earnings growth, and shareholder yield to build resilient portfolios.
Emerging market investing can provide both growth and income.
Total Emerging Markets team: a unique combination of growth, income, and experience
Transcript
Cameron Pickoski: We're here in Fort Lauderdale this week at our National Sales Summit, where the theme is “Charting the Course.” With that in mind, Alison, we wanted to talk to you about how you and your team are navigating investing in today's markets and, more specifically, how you guys assess whether or not EM (emerging market) valuations properly reflect both long-term risks and opportunities.
Alison Shimada: Thank you. I think one of the ways that we navigate is really through our approach, which is really to incorporate both shareholder return as well as capital appreciation, which is very important in times like this because if we see, for instance, dividend yields or additional share buybacks coming through, that's the point in which we would look at a stock. And if things are overextended or expensive, then the shareholder return comes down. So, it's an indicator to maybe reconsider. But one cannot ignore the macro implications as well. We have to consider country risk and geopolitical risk as well. Having very solid opinions on each country by each analyst is extremely important as well as for the PMs (portfolio managers). So, I think that's the way we navigate and always have navigated these EM markets.
Competitive advantages
Total returns
The team targets emerging market companies that provide opportunities for long-term growth potential along with current income.
Local and global experience
With decades of industry experience on average, the team possesses extensive cultural understanding and regional stock market experience.
Integrated ESG analysis
The team’s proprietary ESG process integrates fundamental research and estimates the equity value at risk from ESG issues.
Explore our latest views
Every year, markets start with a crowded field of competing themes. Back in January, many looked like contenders, but now that we’re halfway through 2026, which ones have advanced to the next round? Find out in our world markets Midyear Outlook.
Despite heightened geopolitical volatility, emerging markets remain undervalued and under-owned, with long term structural tailwinds creating compelling opportunities for active investors.
Alison Shimada, senior portfolio manager and head of the Total Emerging Markets Equity team, has a diverse international background that adds deep perspective to managing portfolios in the growing asset class of emerging market (EM) equities.
Alison Shimada highlights emerging markets' resilience, global importance, and investment opportunities amid geopolitical challenges.
Elaine Tse is a senior portfolio manager on Allspring’s Total Emerging Markets Equity team. She brings deep understanding and lived experience to building and managing resilient emerging market (EM) portfolios.
Senior portfolio manager Alison Shimada shares her team's balanced approach to navigating emerging markets, emphasizing the importance of shareholder returns, valuation discipline, and macro risk assessment.
Alison Shimada and Derrick Irwin discuss why now presents a pivotal time for investors looking at the asset class. Discover the shifting global dynamics and themes shaping the future of emerging markets (EMs) from two different perspectives.
