Emerging Markets
Back to homepageChina’s Currency Moves
After a volatile month for China’s stock market in July, currency moves made news in August. On August 11, the People’s Bank of China (PBOC) made an adjustment that sent the yuan to its lowest rate in three years versus
Read MoreThe Risk of Having a Home Country Bias
Canadian investors have historically maintained a home country bias on the belief that domestic companies will perform better than foreign companies and that foreign companies are riskier than domestic companies. The home country bias is particularly evident when it comes
Read MoreThe Rise of the Renminbi: Will China’s Yuan Become a Global Reserve Currency?
In recent months, China has stepped up a longstanding campaign for its currency (officially called the renminbi [RMB] but also referred to as the yuan), to be included as a part of the composition of the International Monetary Fund’s (IMF’s)
Read MoreStory of China Still Intact Despite Market Downturn
July 9, 2015 About six months ago, I was asked about China’s market, which had been surging. At that time, I felt there could be a significant correction in what looked to be an ongoing bull market, but a short-term
Read MoreGrowth Matters
As we see it, one of the biggest advantages emerging markets have offered investors is a strong growth story: Over the past decade, growth in emerging markets has outpaced growth in developed markets by more than double. Growth in gross
Read MoreBuilding for the Future: Infrastructure in Emerging Markets
There has been a recent debate about whether the end of the commodities “supercycle” is over, and if we are entering a new era of lower prices for natural resources, particularly oil. While no one can predict exactly where prices
Read MoreEmerging Market Dividend Paying Companies Less Risky
Investing in dividend paying emerging market (EM) stocks for greater total returns is a whole lot more attractive than investing in dividend paying developed market (DM) stocks and non dividend payers. And that’s not all – EM companies that pay
Read MoreDevelopments in the Reform of China’s State-Owned Enterprises
Chinese stocks have been soaring in the first half of this year, and I’ve often been asked about whether I expect a correction—or whether there’s more room to run. It’s important to note that China’s stock market is really multiple
Read MoreDrive to Reduce Corruption Dampens Luxury Goods Consumption in China
The Chinese still have an affinity for luxury goods but the government’s drive to stamp out corruption has put a damper on demand. “Froth and extravagance are no more” states an Exane BNP Paribas report (China 3.0 – Luxury Goods:
Read MoreState of Emerging Markets: All About Those [Central] Banks
This spring my travels have taken me to Europe, where I’ve had the pleasure of speaking with colleagues, clients and companies in the region that are on our team’s radar. I’ll be back in London for Franklin Templeton’s 2015 London
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