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Positive backdrop for emerging market equities, says Templeton CIO
Supportive factors include China reforms, benign interest rates, a more muted US dollar and optimism over US-China trade talks.
Genevieve Cua
Published Tue, Apr 30, 2019 · 09:50 PM
Singapore
ATTRACTIVE fundamentals and favourable macro economic conditions are creating a favourable backdrop for a turnaround in emerging markets (EM) equities, says Manraj Sekhon, Franklin Templeton Emerging Markets Equity's (FTEME) chief investment officer.
"I believe we're at an interesting point. We've come through 12 to 18 months of significant challenges for the emerging markets. Today, the headwinds have disappeared or receded, or turned into tailwinds. The breadth of opportunity is as wide as it has been for some time.''
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