We pride ourselves on the integrity and discernment of the seasoned investment managers charged with carrying out the objectives of our actively managed portfolios. Through full market cycles, we seek to provide superior risk-adjusted returns. Learn more about our active investment philosophy.

EM Equity

VanEck's emerging markets equity investment team seeks structural growth trends that contribute materially to the economic health of the emerging markets. The strategy often results in a portfolio of small- and mid-cap stocks. Portfolio Manager David Semple, a veteran of emerging markets investing, is supported by Deputy Portfolio Manager Angus Shillington, Senior Analyst David Feygenson, and Analyst Patricia Gonzalez.

David A. Semple

  • Portfolio Manager for the Emerging Markets Equity strategy
  • Oversees the Emerging Markets Equity team; responsible for company research, stock selection, and portfolio construction
  • Investment Management Team member since 1998
  • Prior to joining VanEck, served on the team sub-advising VanEck's emerging markets VIP insurance fund at Peregrine Asset Management (Hong Kong)
  • Previously held regional strategy and regional sales positions at Peregrine Brokerage (Hong Kong)
  • Formerly a portfolio manager specializing in Asian equity markets at Murray Johnstone (Glasgow)
  • Member of the Association of Investment Management and Research (AIMR); member of the CFA Institute
  • Media appearances include CNBC, Bloomberg, and NPR; quoted in Financial Times, The Wall Street Journal, and Barron's, among others
  • Bachelor of Law with Honors, University of Edinburgh, Scotland

Angus Shillington

  • Deputy Portfolio Manager for the Emerging Markets Equity strategy
  • Responsible for company research and stock selection; covers Asia/Broad EME
  • Investment Management Team member since 2009
  • Prior to joining VanEck, headed International Equity for ABN AMRO; responsible for equity cash and derivative distribution to North American institutions
  • Earlier career experience includes several senior roles in research, sales, trading, and portfolio management with a focus on the Asian and European markets for BNP Paribas (NY/LA), UBS Securities (Hong Kong), and Hill Samuel/BLW (Edinburgh)

David Feygenson

  • Senior Analyst for the Emerging Markets Equity strategy; specializes in Europe, Middle East, Africa (EMEA) and Asia
  • Investment Management Team member since 2014
  • Prior to joining VanEck, a senior analyst at Mirae Asset Global Investments (Mirae) responsible for EMEA company research for the firm's long-only strategies; also served as portfolio manager on country and regional strategies (Russia, Eastern Europe and EMEA)
  • Previously a research associate at Wellington Management Co.; assisted in managing long-only emerging markets equity products focusing on Retail, Media, and Food and Beverage sectors in EMEA and Latin America
  • MS (with Merit), Finance and Economics, London School of Economics and Political Science; BS (magna cum laude), Economics, The Wharton School, University of Pennsylvania

Patricia Gonzalez

  • Analyst for the Emerging Markets Equity strategy; specializes in Latin America and Europe, Middle East, Africa (EMEA)
  • Investment Management Team member since 2014
  • Prior to joining VanEck, a financial analyst at Newgate Capital Management; specialized in Latin America and EMEA financial sectors
  • Previously a financial controller at Anystream Media Inc. (formerly Cauldron Solutions); actively involved in the merger of Cauldron Solutions/Anystream Inc.
  • Formerly held an associate corporate finance position at Scotia Bank and a financial analyst position at Grupo BBVA (Venezuela)
  • MBA, Loyola University; BA, Economics, Universidad Catolica Andres Bello