Investment Adventures in Emerging Markets

A Strong June Pulled Emerging Markets Up in the Second Quarter
Perspective

A Strong June Pulled Emerging Markets Up in the Second Quarter

Trade issues continued to dominate headlines in June, with easing in US-China trade tensions providing a boost to emerging markets overall during the month. But Franklin Templeton Emerging Markets Equity cautions trade-related headwinds could persist. The team shares its latest emerging-market outlook and explains why the small-cap space looks attractive right now.

India’s Budget Moving in the Right Direction
Asia

India’s Budget Moving in the Right Direction

India’s Finance Minister Nirmala Sitharaman recently unveiled the country’s new budget, which aims to give the economy a boost via tax cuts and other measures to stimulate foreign investment. Franklin Templeton Emerging Markets Equity Director of Portfolio Management Sukumar Rajah says the fiscal math looks credible and the targets seem achievable, with the assumption of improving Goods and Services Tax compliance. He says while there are likely to be some winners and losers from an investment standpoint, overall, the government seems to be moving in the right direction to spur economic growth.

MENA Fixed Income: Four Things That Are Top of Mind
MENA Region

MENA Fixed Income: Four Things That Are Top of Mind

What should investors consider when looking at MENA fixed income? Franklin Templeton’s Dino Kronfol shares four things that are at the top of his mind at the moment.

Kuwait’s Emerging Markets Arrival Signals New Era of Investment
MENA Region

Kuwait’s Emerging Markets Arrival Signals New Era of Investment

With Kuwait’s upgrade to MSCI emerging-market status, the combined MENA representation puts this region firmly on the global investment map, according to Bassel Khatoun and Salah Shamma. Read more.

From Imitation to Innovation: Emerging Markets’ Technology Journey
Perspective

From Imitation to Innovation: Emerging Markets’ Technology Journey

Our Chetan Sehgal and Andrew Ness explain why they think emerging markets equity today is a very different asset class from that of 25 years ago. Read more.

China’s Sci-Tech Board: Hope or Hype?
Asia

China’s Sci-Tech Board: Hope or Hype?

China will be launching a Nasdaq-style stock market for technology and research-driven companies to list and raise capital. While it has some detractors, Franklin Templeton Emerging Markets Equity believes this upcoming board is of strategic importance to China. Jason Zhu, director of portfolio management—China Equities, says it could rev up China’s emergence as a research powerhouse and help emerging companies grow into industry champions, but the team will be watching at least two key factors—the quality of companies listed and their valuations.

Trade War Concerns Rattle Emerging Markets in May
Perspective

Trade War Concerns Rattle Emerging Markets in May

Trade tensions caused investors to back away from emerging markets in May, but there are many reasons to be optimistic about the asset class and the earnings outlook ahead, according to Franklin Templeton’s Emerging Markets Equity team. The team outlines recent news and events influencing the market and where pockets of potential opportunity might be found.

The “Halo Effect” of Saudi Arabia’s Emerging Markets Arrival
MENA Region

The “Halo Effect” of Saudi Arabia’s Emerging Markets Arrival

“The “halo effect” of MSCI’s move, following similar upgrades by index providers FTSE Russell and S&P Dow Jones earlier this year, will be felt on trading floors across the region.” – Salah Shamma, Franklin Templeton Emerging Markets Equity’s Head of Investment, MENA.

Maintaining Sukuk’s Momentum
MENA Region

Maintaining Sukuk’s Momentum

How should we maintain the momentum we’ve seen propel growth in sukuk assets? Franklin Templeton Global Sukuk and MENA Fixed Income’s Dino Kronfol suggests some developments.

South Africa: Political and Investment View
Perspective

South Africa: Political and Investment View

South Africa’s ruling African National Congress party maintained its power, winning the national elections this month. But can the country’s leaders stamp out corruption, and spur more robust economic growth? Franklin Templeton Emerging Markets Equity’s Danesh Ranchhod shares the team’s view on the election and the implications for investors.

Indian Election Result: BJP Win Paves the Way for Infrastructure Boost
Asia

Indian Election Result: BJP Win Paves the Way for Infrastructure Boost

“We expect the positive market reaction to be mostly limited, as the BJP victory seemed largely priced in. Although we believe some obstacles remain on the pathway to the economic reforms Modi has promised, we think he'll push for policy continuity with his initiatives.” – Sukumar Rajah, Franklin Templeton Emerging Markets Equity

Fundamentals Drive Emerging Market Performances in April
Perspective

Fundamentals Drive Emerging Market Performances in April

Franklin Templeton’s Emerging Markets Equity team walks through events moving emerging markets in April and discusses the three things the team is thinking about today. The team believes the current market environment provides an attractive entry point for investors, particularly in the small-cap stock space.