- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 680 Washington Boulevard, Suite 500 Stamford CT 06901
- IPO Date
- Apr 4, 2013
- Business
- ASTON/LMCG Emerging Markets I (ALMEX) is an institutional share class of the ASTON/LMCG Emerging Markets Fund, a mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of emerging market companies, including common stocks, preferred stocks, depositary receipts, and other equity-linked securities; the fund employs a bottom-up investment approach focusing on high-quality businesses with sustainable competitive advantages, strong cash flow generation, and attractive valuations across sectors such as technology, consumer goods, financials, and materials. LMCG Investments, LLC serves as the subadviser, utilizing a rigorous process combining quantitative screening and fundamental analysis to construct a diversified portfolio typically holding 40-60 securities from emerging markets regions including Asia, Latin America, Eastern Europe, the Middle East, and Africa. The fund targets institutional investors, financial advisors, and high-net-worth individuals seeking exposure to emerging market equities with a focus on risk-adjusted returns.
Founded in 2013 as part of Aston Funds (now under Aston Asset Management, LP), with LMCG Investments headquartered in Boston, Massachusetts (established 2000), ALMEX operates globally with portfolio holdings spanning over 20 emerging market countries. The fund is part of LMCG's broader equity strategies suite, which also encompasses U.S. Equity All Cap, Global MultiCap, Diversified Equity, Equity Income, and Global MultiCap ETF offerings; no major subsidiaries or parent relationships beyond Aston's advisory oversight are noted.
Recent developments include ongoing portfolio management by LMCG's equity team amid a stable fund structure, with no significant acquisitions, mergers, or liquidations reported since a 2016 prospectus supplement noting operational continuity; LMCG continues to emphasize dynamic asset allocation and thematic stock selection in its emerging markets approach without major strategic shifts in the last 1-2 years. The fund maintains its focus on emerging markets equities, adapting to market environments through tilts toward high-conviction sectors and regions while adhering to its core 80% policy.