Watch: 60 seconds with Allan Conway on emerging markets' future
All eyes have been on the short-term volatility emanating from China recently, but what about the longer-term story in emerging markets?
• Looking at longer-term fundamentals, there are a lot of reasons to be somewhat more optimistic.
• Emerging markets will account for 60-70% of global growth for the foreseeable future.
• Countries such as India and China are growing in excess of 6%. Their combined population of 2.5 billion people are getting richer and consuming more, having a dramatic impact on global trade patterns.
• As a result of the selloff in these markets and their underperformance, valuations are increasingly supportive.
The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.