Investment Adventures in Emerging Markets

Emerging Markets Race Ahead in January
Asia

Emerging Markets Race Ahead in January

Emerging market equities were off to a strong start overall in 2019, rebounding from a 2018 downturn. Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, outline what drove market moves in January and why they and the team think confidence in emerging markets should continue to improve.

Liquidity Bump Underlines MENA Stocks’ Appeal in 2019
MENA Region

Liquidity Bump Underlines MENA Stocks’ Appeal in 2019

Salah Shamma, Franklin Templeton Emerging Markets Equity’s Head of Investment, MENA, sees an upcoming wave of liquidity that could create a splash for stocks in the MENA region in 2019. He explains what’s behind this potential liquidity wave—and why Saudi Arabia in particular is capturing investors’ attention.

Emerging Markets Outpace Developed Markets in the Final Quarter of 2018
Perspective

Emerging Markets Outpace Developed Markets in the Final Quarter of 2018

Numerous uncertainties weighed on investor sentiment in 2018 and led to a down year for emerging markets overall, although the fourth quarter saw some outperformance versus developed markets. Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, present the team’s overview of the emerging-markets universe in the fourth quarter of 2018, along with their current outlook.

November Market Recap and Outlook: Bulls Return to Emerging Markets
Perspective

November Market Recap and Outlook: Bulls Return to Emerging Markets

Emerging markets saw a rebound in November, as investors embraced bits of positive news in regard to an easing in US-China trade tensions and as well as slightly dovish thinking about the pace of US interest rate increases. Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, present the team’s overview of the emerging-markets universe in November along with their current outlook.

October Market Recap and Outlook: A Sea of Opportunities
Perspective

October Market Recap and Outlook: A Sea of Opportunities

Emerging markets continued to struggle in October amid an environment of heightened equity-market volatility globally. Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, believe the pullback presents long-term investors with opportunities amid what they dub an overreaction. They present the team’s overview of the emerging-markets universe in October.

Not All Emerging Markets Are Equal
Perspective

Not All Emerging Markets Are Equal

“We find a disconnect between the negative sentiment permeating the market and positive EM equity fundamentals, including rising cash flows, improving capital-allocation discipline, corporate deleveraging, healthy earnings and discounted valuations.” - Manraj Sekhon and Chetan Sehgal, Franklin Templeton Emerging Markets Equity

EM Index Inclusion Could Spell A New Chapter for GCC Bonds
MENA Region

EM Index Inclusion Could Spell A New Chapter for GCC Bonds

“The recent announcement that Gulf Cooperation Council (GCC) countries are planned to be included in the Emerging Market Bond Index (EMBI) is an exciting milestone not only for the region, but for the wider fixed income universe, in our view.” - Dino Kronfol, CIO, Franklin Templeton Global Sukuk and MENA Fixed Income Strategies

August Recap and Outlook: Finding Opportunities in Volatility
Perspective

August Recap and Outlook: Finding Opportunities in Volatility

Market volatility marked the month of August, with sharp declines in the Turkish lira and Argentine peso souring investor sentiment for emerging markets overall. Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, present the team’s overview of the emerging-markets universe in August and why they don’t see the asset class heading for a severe crisis.

July Recap and Outlook: Frontier Markets Lead Rebound
Perspective

July Recap and Outlook: Frontier Markets Lead Rebound

July marked the first month of the calendar year where emerging markets posted positive performance overall, with frontier markets leading the way. Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, present the team’s overview of the emerging-markets universe and three things on their mind in particular today.

Emerging Markets Suffer Second-Quarter Setback
Perspective

Emerging Markets Suffer Second-Quarter Setback

Emerging markets suffered a setback in the second quarter, but Manraj Sekhon, CIO of Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, senior managing director and director of portfolio management, don’t see a fundamental derailment.

Untapped Investment Opportunities in Africa
MENA Region

Untapped Investment Opportunities in Africa

“As global demand for hard and soft commodities continues to grow, we believe Africa is in an enviable position with its vast natural resources. Many African markets not only boast significant supplies of oil, gas and hard commodities, but also have the means to expand the production of soft commodities.” Bassel Khatoun, Franklin Templeton Emerging Markets Equity

A New Development in Saudi Arabia’s Reform Story as MSCI Delivers Upgrade
MENA Region

A New Development in Saudi Arabia’s Reform Story as MSCI Delivers Upgrade

“We think Saudi Arabia has an exciting growth story to tell, and we see a seat at the emerging-markets table as just reward for the improvements made to its equity market infrastructure, bringing it more in line with international standards." – Bassel Khatoun and Salah Shamma, Franklin Templeton Emerging Markets Equity