FSSA Global Emerging Markets Focus

Introduction to the fund

FSSA Global Emerging Markets Focus fund invests in 40-45 large and medium-sized companies in emerging markets. Manager Rasmus Nemmoe has an absolute return mindset and looks for quality companies that can demonstrate sustained and predictable growth over the long term.

Fund manager

Rasmus Nemmoe, Naren Gorthy

Rasmus Nemmoe is a portfolio manager at FSSA Investment Managers, where he leads the management of the First State Global Emerging Markets Focus fund since its inception. With over 15 years of investment experience, Rasmus combines his expertise in emerging markets with a solid academic background. He holds an MSc in Applied Economics and Finance, as well as a BSc in Computer Science and Business Administration, both from Copenhagen Business School.

Naren Gorthy is a Senior Analyst at FSSA Investment Managers, part of First Sentier Investors, where he has been since 2014. He focuses on research support for the portfolio managers, particularly in the Indian Subcontinent and Asia ex-Japan markets. Additionally, Naren co-manages the FSSA Global Emerging Markets strategy. He brings 14 years of investment experience to his role. Naren holds an MBA from the Indian Institute of Management Kozhikode and a Bachelor’s degree in Electrical Engineering from Mahatma Gandhi Institute of Technology.

Opinion on fund

From a universe of some 36,000 stocks, FSSA Global Emerging Markets Focus is a portfolio of just 40-45 best ideas. Each holding is a quality company that can show sustained and predictable growth over the long term and the fund has a strong environmental, social and governance ethos without labelling itself as such. While relatively young, the fund has already shown a lot of potential.

Fund performance

Key facts

  • Fund size

    £439.7m

  • Chelsea rating

    Buy

  • Core Selection

    No

  • Chelsea Risk Rating

    9.5

  • AMC

    0.55%

  • OCF

    0.60%

  • Unit Type

    Acc

  • Yield

    1.20%

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
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Important information

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.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

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.