January 3, 2023

Maria Lernerman, CFA, Named Portfolio Manager of the International Equity Strategy

Effective December 21, 2022, Maria Lernerman, CFA, joined the International Equity team as the portfolio manager responsible for adapting the International Equity model portfolio to meet the objectives of the International Carbon Transition Equity strategy. She will also continue to serve as an ESG analyst and a fundamental research analyst covering consumer discretionary companies. The International Equity co-lead PM assignments are not changing.

Maria’s Background

Maria Lernerman is a partner of Harding Loevner. She joined the firm in 2015, initially as an analyst covering consumer discretionary companies before also becoming an ESG analyst – roles she will continue to serve. Maria previously worked as an analyst for a decade at Franklin Templeton and before that as a research associate at Citigroup Asset Management. She holds a BS in Economics from the Wharton School of University of Pennsylvania, as well as the Chartered Financial Analyst (CFA) designation. Maria has over 19 years of investment experience.

International Equity Portfolio Managers

Lee Gao Named Portfolio Manager of the Emerging Markets Equity Strategy

Effective January 3, 2023, Lee Gao has been appointed a portfolio manager of the Emerging Markets Equity strategy. In this role, he will share his thinking with the Emerging Markets Equity team by managing a model portfolio to which no client capital is allocated (a “paper portfolio”). He will also continue to serve as a research analyst of emerging markets companies. Emerging Markets Equity co-lead PM assignments are not changing. The addition of portfolio managers to the strategy’s team reflects our ongoing commitment to preparing our rising generation of investment leaders.

Lee’s Background

Lee joined the firm in 2020 as an analyst initially focusing on Chinese companies before more widely covering emerging markets companies, a role that he will continue to serve. He has over 16 years of investment experience, including most recently as a portfolio manager of the Imprint Emerging Markets strategy at Goldman Sachs Asset Management. Before then, Lee worked at Asia equity specialists Joho Capital and Greyson Capital Management, as well as at J.P. Morgan. He is a graduate of Harvard College with an A.B. in Economics.

Emerging Markets Equity Portfolio Managers

If you have questions, please reach out to your Harding Loevner contact or to info@hardingloevner.com.