All Emerging Market articles – Page 9
-
White papersParty on: China’s congress that changed everything
In the latest instalment of Simply put, where we make macro calls with a multi-asset perspective, we examine the positive actions taken by China’s governing authorities since the 20th National Congress to ease its deteriorating macro picture and consider whether this could be good news for Chinese assets.
-
White papersEM equities: Three things we are thinking about today
China reaches an inflection point.
-
White papersUruguay’s experiment in sovereign sustainability-linked bonds
Uruguay has made strides in ESG (environmental, social and governance) investing with the issuance of a sustainability-linked bond (SLB), making it only the second sovereign issuer to do so.
-
White papersLong-term capital market expectations: Brighter times ahead
Franklin Templeton Investment Solutions capital market expectations (CME) are designed to provide annualized return expectations over a longer-term horizon, typically viewed as 10 years.
-
White papers2023 global macro outlook: Looking toward a non-dollar asset recovery
Templeton Global Macro: The greatest areas of value in sovereign bond markets may be found in non-dollar assets, especially in Asia and specific local-currency emerging markets.
-
White papersLula is back and already scoring goals
Lula netted a goal in Egypt at COP27 in the fight against climate change. However, it was an own-goal on the spending front that unsettled the markets and threw doubt on expectations of a prudently populist policy direction. We still believe Lula’s policies will be of a centre-left nature, with the help of the markets, though risks have risen.
-
White papersNavigating choppy conditions with new technologies
Nuveen Real Estate’s Jeanne Casey says proptech is as important as ever in a challenging macro environment, with the sector set to emerge stronger than before.
-
White papersThe digital infrastructure that could help emerging markets leapfrog developed economies
There is a pressing need for emerging markets to develop versatile data technologies, but investment is vital to bring cost down to make it viable for people to use.
-
White papersMacroeconomic Picture - November 2022
United States: We cut our growth expectations on the back of tight and fast monetary policy action. We call for an extended period of sub-par growth for 2023-24, with increased downside risks from H2 2023.
-
White papersWhere is China heading to
China’s cyclical recovery outlook hinges critically on developments in Covid-19 policy. Housing will become less of a drag as the sector manages an L-shaped landing. In the long run, China faces multiple structural headwinds. It will be difficult for it to maintain the miraculously high growth it experienced ...
-
White papersSustainable investments in Emerging Markets
The lack of data is often the reason why professional ESG analysis of companies and countries has so far focused on the industrialised countries. This is currently changing and more and more ESG funds with a focus on Emerging Markets are being launched. Jürgen Maier, Emerging Markets expert at Raiffeisen Capital Management in Vienna, explains the challenges and opportunities associated with ESG investments in Emerging Markets.
-
White papersEmerging market equities—why now?
Emerging markets are resilient and better positioned than developed markets to face the current uncertain global environment, according to Franklin Templeton Emerging Market Equity’s Andrew Ness. He makes the case for investors to take a look at this underappreciated and undervalued asset class.
-
White papersCOP 27: Modest hopes for a climate meeting convened in an energy crisis
The latest meeting of the Conference of the Parties (COP) on climate change will take place against a deeply difficult backdrop. COP27 kicks off on 6 November at a time when questions of energy security and affordability are bumping up against the push for carbon emissions reductions. This may dilute the potential outcomes, but investors may still see some interesting adjustments to the path we take towards net zero.
-
White papersEmerging Markets Charts and Views - EM investing after the great repricing
The great repricing of 2022: global financial markets have been caught in a highly gloomy and volatile environment since the Federal Reserve began raising interest rates in an effort to tame surging inflation (at 40-years highs).
-
White papersAssessing Asia’s macroeconomic sustainability
How do macroeconomic fundamentals in Asia measure up relative to other emerging markets in the current context of tighter US monetary policy? Asia ex-Japan stands out compared to other emerging markets (EM) in terms of economic resilience, boasting higher growth prospects and more contained inflation, for instance.
-
White papersEM Equities: Is the Bear Market Closer to the End?
A number of the headwinds facing EMs are already reflected in company valuations—and some are even beginning to fade, suggesting that EM equities may be close to a turning point.
-
White papersRelaxed financial markets look at Lula’s comeback
The first electoral round was won by former President Lula. However, the incumbent, Bolsonaro, performed better than expected. Their economic agendas differ on a number of issues, while risks are more asymmetric under each candidate. Either could benefit from a robust macroeconomic scenario.
-
White papersFast Filtering with Large Option Panels: Implications for Asset Pricing
The cross-section of options holds great promise for identifying return distributions and risk premia, but estimating dynamic option valuation models with latent state variables is challenging when using large option panels.
-
White papersNavigating the Emerging Markets Default Wave
Despite record defaults, stresses remain relatively low for the asset class overall.
-
White papersPoised for growth
Despite a surge in investor interest, UK life sciences remains a very niche real estate sub-sector. For the investment proposition to stack-up, the underlying occupier fundamentals must repay the risks associated with investing in an emerging sector.
