Andrew Foster explains that currency gains and holdings in the financial and consumer sectors drove the Growth and Income Fund’s performance. seafarerfunds.com/video/2025/06/…

China’s unique models of competition help explain why some industries flourish while others stagnate, writes Nicholas Borst seafarerfunds.com/prevailing-win…

Brent Clayton reports on the state of corporate governance reform in South Korea. Paul Espinosa describes the shared qualities of the Value Fund’s bank holdings. seafarerfunds.com/video/2025/06/…

.Nicholas Borst compares market returns in Hong Kong versus mainland China and assesses U.S.-China trade relations. Andrew Foster discusses a change in how EM currencies operate relative to the U.S. dollar. seafarerfunds.com/video/2025/06/…

.Nicholas Borst describes how three models of competition help reveal why industries in China vary so significantly. seafarerfunds.com/prevailing-win…

In an interview with The Wire China, Seafarer’s Nicholas Borst discusses Beijing’s approach to managing its economy: utilizing private markets while maintaining state control. thewirechina.com/2025/07/13/nic… holdings-disclosure.seafarerfunds.com/nf/s

Brent Clayton explains that Value Fund performance was led by holdings within the “Breakup Value” and “Asset Productivity” sources of value. seafarerfunds.com/funds/ovl/port…

.Nicholas Borst writes that state firms dominated China’s auto industry revenues and profits until very recently. This shift has been driven by the success of private electric vehicle manufacturers that have now surpassed state conglomerates in total revenues. seafarerfunds.com/prevailing-win…

Andrew Foster reports that while both the Growth and Income Fund and EM benchmark experienced strong gains from financial services stocks and currencies, the Fund’s gains were otherwise more diversified. seafarerfunds.com/funds/ogi/port…

Brent Clayton examines the muted direct exposure of Value Fund holdings to U.S. tariffs, and how the portfolio is positioned relative to the uncertain effects of the trade war on currencies and economic growth. seafarerfunds.com/funds/ovl/port…

Beijing’s reluctance to allow industries to be consolidated by private firms is a major drag on economic growth, writes Nicholas Borst seafarerfunds.com/prevailing-win…

Paul Espinosa was named Co-Chief Investment Officer (Co-CIO) of Seafarer Capital Partners, the adviser to the Seafarer Funds. Andrew Foster, the CIO of the Firm since its founding in 2011, will remain in the role, serving as Co-CIO alongside Paul. seafarerfunds.com/message-to-sha…

In an article for China Leadership Monitor, Seafarer’s Nicholas Borst explains that China’s drive for economic self-reliance comes with significant tradeoffs and, ironically, may provoke some of the risks it seeks to avoid. holdings-disclosure.seafarerfunds.com/nf/s prcleader.org/post/the-econo…

Andrew Foster notes that despite the volatility and chaos that transpired in the quarter, one thing stands out, lost amid the noise: companies in the EM are producing earnings consistently again, and the earnings are growing. seafarerfunds.com/funds/ogi/port…

Industrial policy in China has caused overcapacity and deflation. Government interference has made the problem worse by allowing unprofitable firms to avoid bankruptcy, writes Nicholas Borst seafarerfunds.com/prevailing-win…

.Nicholas Borst introduces three models of competition – naturally forming, policy-induced, and state-controlled – that help explain sharp differences among industries in China. seafarerfunds.com/video/2025/09/…

Overcapacity in the auto industry in China has worsened amid the ongoing phase-out of EV subsidies. This has led to the outbreak of price wars and automaker profit margins have fallen precipitously, writes Nicholas Borst seafarerfunds.com/prevailing-win…

Paul Espinosa and Lydia So report that technology stocks led performance for the Growth and Income Fund and the EM benchmark. seafarerfunds.com/video/2025/09/…

Brent Clayton reviews two main drivers of Value Fund performance: improved market sentiment in China and holdings that returned capital to shareholders. seafarerfunds.com/video/2025/09/…

Seafarer’s research on its portfolio holdings suggests that, so far, few EM companies seem to be footing the bill for tariffs — instead, it appears that downstream customers will bear the brunt of additional costs, at least initially. seafarerfunds.com/video/2025/10/…