Animal Spirits Podcast

Talk Your Book: Emerging Market Fundamentals

Apr 8, 2024

Rahul Sharma, Portfolio Manager, discusses China's impact on Emerging Markets, avoiding value-traps, India's strong macro trends, passive vs. active management, and more. Topics include catalysts for EM outperformance, navigating complexities, potential growth catalysts, and analysis of interest rates and inflation in emerging markets.

36:13

Episode guests

Rahul Sharma

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Episode notes

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Quick takeaways

In-depth country research is essential for successful stock selection in emerging markets, focusing on factors like corporate governance and economic stability.

Active management in emerging markets outperforms passive strategies by leveraging themes, earnings growth, and unique opportunities for generating alpha.

Deep dives

Emerging Markets Performance and Potential

Emerging markets have underperformed mega-cap stocks like the S&P 500 for over a decade. However, opportunities in emerging markets, such as India, Mexico, and Indonesia, are attracting investor interest. Factors like weak dollar, high dividend yields, and potential catalysts like dollar weakening could drive emerging market stocks forward despite concerns about China's performance and geopolitical risks.

Introduction

2min

Emerging Market Performance and Catalysts for Future Outperformance

7min

Navigating Emerging Markets: Challenges and Opportunities

21min

Exploring Potential Catalysts for Emerging Markets Growth

2min

Analysis of Interest Rates, Inflation, and Stock Market Representation in Emerging Markets

4min

On today's show, we are joined by Rahul Sharma, Portfolio Manager and Executive Director of Schafer Cullen Capital Management to discuss: China's effect on Emerging Markets, avoiding value-traps in EM, strong macro trends in India, passive vs. active management in Emerging Markets, and much more!

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