Emerging Markets: Opportunities Abound

Emerging Markets in Focus: Trends and Risks

This compendium digs into some of the key themes affecting emerging markets recently. A number of these factors may prove to be decisive headwinds or tailwinds going forward. Allocators can find research on the Chinese equity and gold markets, on opportunities in Asian credit and on the outlook for African oil and gas, as well as discussions around longer-term forces impacting emerging markets, such as the clean water crisis that affects many regions and the finance needed to transition to a greener future.

Why GDP Does Not Drive Chinese Equity Returns (RBC GAM, Jun 2022)

For compliance reasons, this paper is only accessible in the United States and Canada

The fact that the stock market does not represent the full economy is well-known for more developed markets. Does this hold for China too?

China Deleveraging: Domestic and global impacts (T. Rowe Price)

For compliance reasons, this paper is only accessible in certain geographies

As the Chinese authorities continue to reduce the overall debt in their economy, the impacts of lower leverage will be felt across markets.

China’s Gold Market in May: A demand recovery nears? (World Gold Council, 2022)

For compliance reasons, this paper is only accessible in certain geographies

Gold is a safe haven asset for investors around the world. However, the appeal of gold as an asset class may be relative to that of other assets, depending on investor sentiment.

An Opportunity For Clearer Water Reporting (Impax Asset Management, 2022)

It is estimated that 1.8 billion people worldwide are unable to access clean water, many of whom live in emerging and frontier markets.

Banking on Growth in the EM Financial Services Sector (Invesco, May 2022)

For compliance reasons, this paper is only accessible in the United States

Emerging markets include many different economies and sectors. Invesco zooms in on a particular opportunity within the emerging markets landscape: financial services.

Emerging Market Debt Resilience? (Franklin Templeton Investments, Jun 2022)

For compliance reasons, this paper is only accessible in the EMEA region

The Franklin Templeton Fixed Income team aims to highlight the complex dynamics behind the performance of sovereign emerging market debt.

Emerging Market Green Bonds – Report 2021 (Amundi, 2022)

For compliance reasons, this paper is NOT accessible in the United States

Green bonds can help emerging markets transition to a more sustainable future. Amundi dives into how this type of financing may facilitate this important process.

Asian Credit: A structurally growing asset class (Lombard Odier IM, May 2022)

For compliance reasons, this paper is only accessible in certain geographies

Asian credit can sometimes be thought of as 'too risky'. However, in this analysis, Lombard Odier IM makes a compelling case for why investors should consider it.

Relative Value in EM Local Markets (Capital Group, May 2022)

For compliance reasons, this paper is only accessible in certain geographies

Relative value strategies look to take advantage of market dislocations that investors ignore. Capital Group argues that capital allocators have misread the outlook for emerging markets.

The Future of African Oil and Gas (McKinsey & Company, 2022)

As the world economy moves towards a more sustainable future, Africa's gas and oil assets will have to be repositioned to accommodate this new reality.

Video: Rob Arnott on EM (Research Affiliates, 2022)

Rob Arnott from Research Affiliates discusses how the geopolitical risk generated by the war in Ukraine may affect emerging markets.