• The latest market movements are indicating a broadening of the rally beyond developed markets.
  • Better growth prospects and valuations in emerging markets (EM) are supporting this move.
  • The case for long term EM investing is boosted by domestic consumption, rising incomes and exports.

Actionable ideas

  • Emerging market equities
    EM is home to many divergent regions and offers opportunities across Latin America (Brazil) and Asia (India, Indonesia) with attractive earnings prospects.
     
  • India equities
    India is a long-term story supported by structural factors, domestic demand, and stable policymaking that should continue to offer opportunities in 2024 and beyond.

Key Dates

6 May

Indonesia GDP,
EZ PPI

 

9 May

Bank of England rate, Mexico CPI

 

10 May

Japan trade, US consumer sentiment

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