James Fletcher, Founder and CIO of Ethos Investment Management, presented at the Quality-Growth Investor Conference 2025 in New York. Launched in 2022, Ethos Investment Management has quickly grown to $100 million in AUM. Fletcher, who previously worked as a Mormon missionary in Brazil, brings deep expertise in emerging markets, focusing on high-quality businesses with strong earnings and free cash flow growth.
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Emerging Markets: A Stock Picker’s Paradise
The average return on equity (ROE) of Ethos' holdings is 26%, with 30–50 emerging market (EM) investments demonstrating double-digit earnings and free cash...