All Emerging Market articles

  • Trade Turbulence - From Disruption to Opportunity
    Webinar

    Trade Turbulence - From Disruption to Opportunity

    18 June 2025 By J O Hambro Capital Management

    For over a decade, the US has dominated global equity returns. As ‘American exceptionalism’ comes to an end, where should investors look for medium-term returns? What are the ex-US opportunities in developed markets, and what are the prospects in emerging markets?

  • Mid-year Investment Outlook 2025
    White papers

    Mid-year Investment Outlook 2025

    17 June 2025 By Amundi

    “Despite unpredictable policymaking, business resilience, and the reorganisation of global trade and financial systems, the expected rate cuts from central banks will create opportunities in global equities. We are focusing on themes such as European defence spending, US deregulation, corporate governance reform in Japan, and the ‘Make in India’ initiative.”

  • India and EM are winners of the rerouting shift
    White papers

    India and EM are winners of the rerouting shift

    17 June 2025 By Amundi

    We maintain a positive outlook on emerging market (EM) equities for H2 2025, driven by recovering macro momentum, stabilising inflation, and central banks on an easing path. While growth remains positive and earnings decelerate to low single digits, the key narrative is the fading US exceptionalism, highlighted by a weakening dollar and declining trust in US policy, which enhances the attractiveness of EM through repatriation and diversification flows.

  • Macro brief- What could a China shock 2.0 mean for Europe?
    White papers

    Macro brief: What could a China shock 2.0 mean for Europe?

    16 June 2025 By Capital Group

    High US tariffs make it more likely a bigger share of China’s industrial overcapacity finds its way to Europe. This would benefit European consumers by lowering inflation and boosting real incomes. But without any trade response from Brussels, it could squeeze domestic production and to counter that, targeted trade defence measures may be required.

  • Navigating the fog of tariffs in emerging market equities
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    Navigating the fog of tariffs in emerging market equities

    16 June 2025 By Columbia Threadneedle Investments

    We don’t pretend to have all the answers on China and the US, and we reserve the right to change our minds – especially as Donald Trump changes his. Amid such market volatility we are not making bold macro calls, instead our focus is on thoughtful, quality-led stock selection.

  • Equity Outlook – More wind in the sails
    White papers

    Equity Outlook – More wind in the sails

    13 June 2025 By BNP Paribas Asset Management

    The imposition of tariffs by the Trump administration puts more wind in the sails driving the dominance of tech and related sectors versus the rest of the market.  

  • Global Investment Views - June 2025
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    Global Investment Views - June 2025

    4 June 2025 By Amundi

    The art of policymaking is a lot about setting expectations against which all future decisions are assessed. When President Trump famously introduced his extreme tariffs on ‘Liberation Day,’ markets were obviously concerned. Since then, resilience in US labour markets, better-than-expected earnings, and trade war de-escalation have boosted sentiment. Risk assets have rebounded, and bond yields risen.

  • Indian assets have long-term allure as global rivalries intensify
    White papers

    Indian assets have long-term allure as global rivalries intensify

    2 June 2025 By Amundi

    Equity investors will have to cope with greater trade protectionism and regional rivalry, delayed climate transition, and technological transformation in the next decade. In our 2025 Capital Market Assumptions – which examine long-term return expectations for 40 global asset classes – we see shifting dynamics across equity markets, characterised by strong earnings growth in select regions, tempered by valuation challenges.

  • Emerging Markets hold steady amid softening US dollar, tariff uncertainty
    White papers

    Emerging Markets hold steady amid softening US dollar, tariff uncertainty

    29 May 2025 By Regnan

    In April, the volatility in global financial markets seen in March continued to ramp up. Notably, this included US financial markets, which exhibited a general pattern of a softening US dollar and rising bond yields. While some analysts have described this as a “classic emerging market crisis,” as veterans of actual emerging crises dating back to 1994, we consider this a wildly overstated perspective.

  • oil_prices_banner
    White papers

    Oil prices stop making sense

    23 May 2025 By Federated Hermes

    For the past few years, the expanded group of oil producers known as OPEC+ have tried collectively to stabilise crude prices by lowering production in order to dampen price volatility to the downside. But because several members of the wider cartel have different and conflicting fiscal and external financing priorities, efforts to limit output have not only failed, current production has increased. This would be newsworthy by itself, but is even more puzzling considering the potential impact of tariffs on global demand.

  • Emerging Markets- Finding Opportunities amid the Global Economic Reset
    White papers

    Emerging Markets: Finding Opportunities amid the Global Economic Reset

    20 May 2025 By AllianceBernstein

    US policy changes look daunting—but emerging markets still have upside.

  • Four factors that could drive Chinese equity markets
    White papers

    Four factors that could drive Chinese equity markets

    19 May 2025 By Capital Group

    Despite geopolitical, trade, and economic uncertainties, China’s stock market has emerged as one of the top returners globally in recent times. The MSCI China Index produced 10% in the first four months of 2025 and 26.5% over the past year, outstripping the MSCI USA, MSCI Emerging Markets and MSCI ACWI indices.

  • Why Does Volatility Often Lead to Strong Emerging Equity Returns?
    White papers

    Why Does Volatility Often Lead to Strong Emerging Equity Returns?

    19 May 2025 By AllianceBernstein

    Moments of Extreme Fear Have Prompted Emerging-Market Equity Outperformance.

  • What would it take to see a sustained weakness in the dollar?
    White papers

    What would it take to see a sustained weakness in the dollar?

    16 May 2025 By Capital Group

    About a month after “Liberation Day,” the US dollar has shown signs of stabilisation, though it continues to soften against most developed and emerging markets currencies.

  • Digital disruption reshapes financial inclusion
    White papers

    Digital disruption reshapes financial inclusion

    6 May 2025 By Capital Group

    About a quarter of the world’s adults lack access to affordable, quality financial services - but digital disruption is helping bring them into the formal financial system. Financial inclusion allows individuals to save and invest, while also supporting entrepreneurship and business growth. And for investors, these developments are opening the door to varied investment opportunities among banks and nontraditional financial services firms.

  • Quarterly Equities and Multi Asset Outlook – Q2 2025
    White papers

    Quarterly Equities and Multi Asset Outlook – Q2 2025

    17 April 2025 By M&G Investments

    Investors started this year thinking that corporates and governments were better prepared for a Trump 2.0 trade war. That proved not to be the case, so how should they be positioning amid the turmoil? Find out more in the latest Quarterly Equities and Multi Asset Outlook: ‘Dispersing the herd’.

  • Cross Asset Investment Strategy - April 2025
    White papers

    Cross Asset Investment Strategy - April 2025

    14 April 2025 By Amundi

    Topic of the month: Navigating trade war turbulence

  • The uncertain reality of tariffs and the future of gold
    White papers

    The uncertain reality of tariffs and the future of gold

    14 April 2025 By Amundi

    “The trade war is triggering a shift that could alter the current international framework and call into question the US dollar and US Treasury’s safe-haven status.”

  • Emerging Markets beyond the 90-day tariff pause
    White papers

    Emerging Markets beyond the 90-day tariff pause

    14 April 2025 By Amundi

    President Trump has announced a 90-day pause on tariffs higher than 10%. However, in the meantime, he has further increased tariffs on China to 125%. In retaliation, China announced an 84% tariff on all US imports starting from April 10th. While the situation remains quite fluid, we will address some concerns from an economic standpoint regarding growth and inflation.

  • Navigating trade war turbulence
    White papers

    Navigating trade war turbulence

    11 April 2025 By Amundi

    We believe the severe disruption of the free trade model will have immediate and profound consequences, affecting all economies involved. The extent of this ‘detoxing medicine’ and the resulting retaliation will impact economic growth and hurt corporate profits.