Investment Adventures in Emerging Markets

Consumption in China: From Commodities to Karaoke
Perspective

Consumption in China: From Commodities to Karaoke

China isn’t only a consumer of raw commodities—its growing middle class has been exerting formidable purchasing power and spawning new domestic industries that are of keen interest to us as investors, including cosmetics, entertainment (cinemas, music) and more.

India: Interest Rates, Inflation and Manufacturing Ambitions
History

India: Interest Rates, Inflation and Manufacturing Ambitions

We have high hopes for India’s future, so we remain quite interested in India and continue to seek out investment bargains there. We are looking to diversify our exposure to Indian equities through a mix of commodities-oriented, export-oriented and domestic companies.

On Market Corrections, and Keeping a Calm Head
Perspective

On Market Corrections, and Keeping a Calm Head

Despite recent market volatility, we consider the long-term outlook for China’s market and economy to be good. We don’t view this recent correction as the start of any sort of economic or market collapse underway, and it doesn’t change our view on investing there.

Building Corridors to the Future in Pakistan
History

Building Corridors to the Future in Pakistan

We have been investing in Pakistan for a number of years, and see it as an overlooked investment destination with very attractive valuations due to negative macro sentiment.

China’s Currency Moves
Perspective

China’s Currency Moves

The recent action in China’s stock market and its currency has caused a heightened attention to Chinese government policy decisions. All this attention certainly demonstrates how important China has become within the global economy at large.

Developments in the Reform of China’s State-Owned Enterprises
Perspective

Developments in the Reform of China’s State-Owned Enterprises

Investors’ interest in China’s SOEs has no doubt been piqued by guidance from sources close to the government that reform plans foreshadowed in the government’s November 2013 program could soon begin to assume more concrete shape, helping drive the recent gains in the Shanghai and Hong Kong share markets.

Will China’s Year of the Goat Bring Out the Market Bulls?
Perspective

Will China’s Year of the Goat Bring Out the Market Bulls?

We believe China’s comprehensive capital market reform plan is the right step taken by the government, but the market still doesn’t seem too confident the government is willing to take the short-term pain to put all these reform proposals into action.

ASEAN’s Ambitious Agenda
History

ASEAN’s Ambitious Agenda

Most investors are likely aware of the activities of the Fed and European Central Bank, but perhaps less talked about is the fact that the People's Bank of China has an even bigger balance sheet than the Federal Reserve.