This fund invests in companies offering products and services to the upwardly mobile, ambitious and aspirational population centres which account for over 70% of the world’s growth. Preferred areas include the travel, education, healthcare and e-commerce sectors, and there is a focus on firms which either have dominant or first-mover advantage. These companies will also have repeatable business models, low levels of debt and be realising attractive cash generation.
Andrew Dalrymple, John Ewart, Rob Brewis
Andrew Dalrymple is the Founder, Director and CIO of Aubrey. He is a Cambridge University graduate who began his career at Cazenove & Co before joining James Capel in 1987. There, he transferred to the Hong Kong office as an Asian specialist before taking a similar role at UBS Warburg. He subsequently moved to Stewart Ivory (now FSSA) in 1998 where he established the Global Opportunities fund. It was one of the top performers in its sector over multiple time periods under his tenure.
John Ewart joined Aubrey in 2012 and has over 30 years’ investment industry experience across global equity markets. Prior to joining Aubrey, where he covers global markets, he worked at FS Assurance, First State investments and then Alliance Trust PLC , where he was a member of the Global Equity Team and subsequently responsible for their GEM portfolio. He obtained a BA in Economics at the University of Strathclyde and is a member of the CFA Institute.
Rob Brewis joined Aubrey in 2014. After graduating from Cambridge with a degree in engineering, Rob began his career in 1988 at Thornton Management, before joining Credit Lyonnais International Asset Management as an Asian fund manager in Hong Kong. The company was bought by Colonial First State where Rob ran the North Asian investment team as well as managing several single country fund investing in India, Pakistan, Indonesia and Thailand. He went on to co-found emerging markets investment boutique BDT Invest in 2000 where he co-managed a number of emerging market portfolios.
Aubrey Global Emerging Markets Opportunities is set up explicitly to take advantage of the fast-growing emerging market consumer opportunity. As such, it has a refreshingly clear approach, guided by a simple but effective incorporation of political and economic factors. We also like that the managers are happy to not own certain sectors and regions if they don’t like them.
£199.2m
Buy
No
10
0.75%
1.06%
Acc
–
Elite Rated
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Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.
The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.
Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).
Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.
Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.
Funds assigned to an alternative IA sector; sector rankings may differ accordingly.
The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.
This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.
Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.
Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.
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The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).
The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.
