Good Governance in Emerging Markets = £ returns
Chetan Sehgal, CFA
Senior Managing Director, Director of Portfolio Management
Franklin Templeton Emerging Markets Equity
Franklin Templeton have produced a clear view of how they see 2019 panning out and it would appear that the biggest opportunity they forecast is within the area of emerging markets.
Specifically, they say ‘The near-term challenges and poor sentiment toward EM assets have, in our view, obscured the longer-term picture”which is one of transformation as economies increasingly evolve away from dependence on exports, commodities and state-owned enterprises and toward more resilient sources of growth.’
They also offer up a range of views on other threats and opportunities for the market in 2019 here and point out that EM outpaced Developed Markets in the final quarter of 2018.