Investment Adventures in Emerging Markets

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.

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

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 April 2018 Recap and Outlook: Look Beyond the Headlines
Perspective

Emerging Markets April 2018 Recap and Outlook: Look Beyond the Headlines

Franklin Templeton Emerging Markets Equity Chief Investment Officer Manraj Sekhon, and Director of Portfolio Management Chetan Sehgal, present an overview of emerging-market developments in April, including some events, milestones and data points. They say there was certainly no shortage of geopolitical news during the month, but note that solid businesses have the potential to do well in many different environments.

Emerging Markets Experience a Volatile First Quarter
Perspective

Emerging Markets Experience a Volatile First Quarter

Franklin Templeton Emerging Markets Equity’s Manraj Sekhon and Chetan Sehgal present the team’s first quarter emerging-market recap, including a look at potential impacts from the recent US-China trade skirmish.

Emerging Markets February Recap: Resilient
Perspective

Emerging Markets February Recap: Resilient

“While volatility has heightened recently, we believe that emerging-market (EM) fundamentals remain sound. We believe EM equities have reached an inflection point in regard to earnings and appear to be providing us with valuation opportunities we do not generally see in most developed markets.” – Manraj Sekhon and Chetan Sehgal, Franklin Templeton Emerging Markets Equity

Why the MENA Region Appears to be on Firmer Footing
MENA Region

Why the MENA Region Appears to be on Firmer Footing

“It may have gone unnoticed to some investors, but the GCC region is a significant issuer of emerging-market sovereign debt, which is becoming an increasingly relevant component in global bond markets.” - Dino Kronfol and Bassel Khatoun

Emerging Markets January 2018 Update: A Strong Start
Perspective

Emerging Markets January 2018 Update: A Strong Start

The first month of 2018 saw a strong start for emerging-market equities overall amid a generally solid fundamental backdrop. Stephen Dover, Franklin Templeton’s head of equities, and Chetan Sehgal, director of portfolio management with Templeton Emerging Markets Group, present an overview of emerging-market developments in January, including some events, milestones and data points to offer perspective.

Emerging Markets Fourth-Quarter Recap and Outlook: 2017 Ends with a Bang
Guest Bloggers

Emerging Markets Fourth-Quarter Recap and Outlook: 2017 Ends with a Bang

Emerging markets did well in 2017, and we expect the asset class to remain on an upward trend in 2018 against a favorable backdrop of robust economic growth, increased asset inflows, solid foreign reserves, strong current accounts and stable local currencies.” - Stephen Dover, Templeton Emerging Markets Group

Emerging Markets Third-Quarter Recap: A Stellar Rally
Perspective

Emerging Markets Third-Quarter Recap: A Stellar Rally

“Overall, we believe the investment case for emerging markets continues to center around demographics, a rising middle class and domestic consumption. The most striking development recently, though, is the dramatic transformation of many emerging-market companies that used to depend on ‘old-economy’ models.” – Mark Mobius