Riteniamo che molti fattori all’origine della recente volatilità di mercato nei paesi emergenti siano di natura temporanea e siano stati esacerbati dalla liquidità estiva tipicamente bassa e crediamo pertanto di avere motivi di ottimismo nel lungo termine.
Abbiamo riscontrato che le small cap dei mercati emergenti, come asset class, sono una di quelle più mal giudicate e sottoutilizzate dagli investitori. È spesso percepita come un’area da evitare in periodi di incertezza, ma noi siamo di parere diverso.
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