Beyond Bollywood – five reasons to consider investing in India
July 2017, James Brown, Portfolio Manager
An intriguing reflection of traditions dating back thousands of years, India is now a unique insight into the influence of innovation on growth. One if its most famous economists, Lord Meghnad Desai believes India’s “export success” – its cinematic industry Bollywood – is “one of the few of India’s products, which is a global brand across Asia and Africa and increasingly Europe and America”1. However, India’s next chapter is now playing out in a vibrant new medium – economic growth on the back of a technology revolution. And it’s a story filled with Indian companies and consumers providing exciting opportunities for investors seeking long-term portfolio diversification.
To Win in Emerging Markets, Avoid the Passive Investing Rush
July 2017, Bloomberg
When Robert Marshall-Lee started running an emerging-market equity fund six years ago, he decided the only way to withstand the surge in passive investing strategies was to stop paying attention to them.
Jim O’Neill Says China Fears Are ‘Completely Overblown’
May 2017, Bloomberg
China’s economy shows no signs of crisis even as the country’s crackdown on financial leverage has wiped almost $500 billion from domestic markets.
Why emerging markets have become an unlikely haven from global risk
April 2017, Bloomberg
If the U.S. Treasury market’s 2013 Taper Tantrum revealed the fragility of emerging markets, political turmoil this year is highlighting their resilience.
Why China’s economic transition should continue to foster growth
April 2017, James Brown, Portfolio Manager
China is a unique economy, given both its scale and the fact that it is effectively centrally controlled by the Chinese Communist Party (CCP) and Central Standing Committee (CSC – led by President Xi Jinping). And while China has embraced a form of capitalism, commonly known as the ‘socialist market economy’, the CCP can exert enormous control if it wishes through its single party government. And this is what makes China so fascinating to watch.
IPO Bonanza Shows There’s More Juice Left in Vietnam’s Stocks Rally
15 March 2017, Bloomberg
Rising foreign-direct investment, quickening economic growth and a privatization program that’s boosting the size of the market have offshore investors optimistic there’s more juice left in Vietnam’s stocks rally.