Investment Adventures in Emerging Markets

Malaysia’s 2020 Budget: A Delicate Balancing Act
Asia

Malaysia’s 2020 Budget: A Delicate Balancing Act

Malaysia’s 2020 budget is a balancing act of narrowing the country’s fiscal deficit & avoiding an economic slowdown. Here’s why.

India’s Surprise Tax Cut Comes at An Opportune Time
Asia

India’s Surprise Tax Cut Comes at An Opportune Time

A recent fiscal adjustment in India could improve its competitiveness among regional peers. Read insights from our Sukumar Rajah.

Looking Past the Hang-Ups for Asia’s Smartphone Industry
Asia

Looking Past the Hang-Ups for Asia’s Smartphone Industry

Despite the US-China trade war, Franklin Templeton Emerging Markets Equity’s Sukumar Rajah doesn’t think the opportunity set for emerging markets is lost. He explains how a saturated smartphone market could create innovation opportunities in emerging market countries in Asia.

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.

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

China’s Re-Balancing Act
Asia

China’s Re-Balancing Act

In the face of slowing growth, the Chinese authorities appear ready to act. Franklin Templeton Emerging Markets Equity’s Sukumar Rajah and Jason Zhu explain how measures announced at the 13th National People’s Congress are designed to shore up China’s growth prospects.

Why We Think Pre-Election Concerns Belie India’s Long-Term Promise
Asia

Why We Think Pre-Election Concerns Belie India’s Long-Term Promise

As India gears up for a general election in the spring, an increase in populist rhetoric among the country’s political parties may spook some investors. Franklin Templeton Emerging Markets Equity’s Sukumar Rajah is more relaxed. He believes this jockeying for position is part and parcel of Indian politics and feels that the country’s solid fundamentals continue to present a positive story for investors.

The Race to Harness AI Technology in Asia
Asia

The Race to Harness AI Technology in Asia

“As the race to harness new technology heats up across the globe, we’ve already seen signs that Asia is at the forefront of integrating automation into our everyday lives.” Sukumar Rajah and Eric Mok, Franklin Templeton Emerging Markets Equity

Trade Turmoil Doesn’t Derail Our Outlook for India
Asia

Trade Turmoil Doesn’t Derail Our Outlook for India

Trade tensions have spooked investors in recent months, including those in India’s stock market. Franklin Templeton Emerging Markets Equity’s Sukumar Rajah weighs in on the positive economic fundamentals he and the team see, and why they think India’s equity market should be able to weather recent challenges.

Chinese A Shares Get MSCI Nod
Asia

Chinese A Shares Get MSCI Nod

Index provider MSCI recently announced plans to add more than 200 domestic Chinese equities to two of its benchmark indexes in two phases, starting May 31. Sukumar Rajah, senior managing director, Franklin Templeton Emerging Markets Equity, breaks down the implications for investors. He says the decision represents broad support of the government’s positive policy changes.

US-Led Trade Dispute Could Present Opportunities in Emerging-Market Stocks
Asia

US-Led Trade Dispute Could Present Opportunities in Emerging-Market Stocks

“Much discussion has been devoted to the escalating United States-China trade dispute as of late, as both sides threaten tariffs on products ranging from pork to aircrafts… But despite the tit-for-tat measures we’ve seen between United States President Donald Trump and Chinese officials, we don’t think this war of words will affect China in the long term.” - Sukumar Rajah, Franklin Templeton Emerging Markets Equity

Why It’s Not Time to Squeeze the Brakes on Indian Equities
Asia

Why It’s Not Time to Squeeze the Brakes on Indian Equities

“We think there is more room for Indian equities to potentially appreciate. We believe India’s favourable demographic backdrop could lead to more growth in the equity market, particularly in large-cap stocks.” - Sukumar Rajah, Franklin Templeton Emerging Markets Equity