Watch: Keith Wade on the emerging market outlook

Is China the elephant in the room for emerging markets? Schroders chief economist and strategist Keith Wade looks at the impact slowing growth in China could have on the outlook for emerging markets and which regions could supplement demand.


Keith Wade

Keith Wade

Chief Economist & Strategist

Chief Economist, Keith Wade, comments on the key factors that could have an impact on emerging markets this year:

  • The performance of the Chinese economy will be one of the determining factors for the wider emerging markets this year – we think it’s going to continue to slow down and we could see a downgrade in growth from the Chinese government later this year.
  • Commodity prices are also a factor – they have fallen quite substantially, which has hit emerging markets. However, there is a chance for stability in commodity prices later in the year, which could prove beneficial.
  • More stable commodity prices, combined with better growth in the eurozone and US could see the outlook for emerging markets improve, but we’re probably looking at the second half of the year for this to happen, rather than the first

Important information: The views and opinions contained herein are those of the named author(s) on this page, and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds. This document is intended to be for information purposes only and it is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Information herein is believed to be reliable but Schroder Investment Management Ltd (Schroders) does not warrant its completeness or accuracy. The data has been sourced by Schroders and should be independently verified before further publication or use. No responsibility can be accepted for error of fact or opinion. This does not exclude or restrict any duty or liability that Schroders has to its customers under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system. Reliance should not be placed on the views and information in the document when taking individual investment and/or strategic decisions. Past Performance is not a guide to future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.  Exchange rate changes may cause the value of any overseas investments to rise or fall. Any sectors, securities, regions or countries shown above are for illustrative purposes only and are not to be considered a recommendation to buy or sell. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change. Forecasts and assumptions may be affected by external economic or other factors. Issued by Schroder Unit Trusts Limited, 31 Gresham Street, London, EC2V 7QA. Registered Number 4191730 England. Authorised and regulated by the Financial Conduct Authority.