Wednesday, January 16, 2019

Emerging Markets Equity Investing: Never Waste a Crisis

International investors buy whatever they feel is proxy to theit increasing consumption thesis in India without looking at corporate governance. I saw today many foreign investors loaded "The Phoenic Mills Limited" whereas 2 local guys bought a small chunk in it.
Chetan Sehgal, CFA
Franklin Templeton Emerging Markets Equity’s director of portfolio management
"Consumption in EMs is not only a story of superior demographics and increased product penetration. Growing middle-class populations and increasing affluence should continue to drive “premiumization,” spurring demand for high-end products in EMs. We believe companies with strong premium-brand positioning and superior products should see sustainable and higher-than-average industry growth levels in the years to come"

No comments:

Post a Comment

Search This Blog