The opportunity in emerging market risk

As we think about 2020, the biggest concern in emerging markets (EM) revolves around the contagion risks linked to US-China trade negotiations and possible knock-on effects of a divisive US election year.

Heading into the US election, we are likely to see a managed trade truce with China, where President Donald Trump wants to focus more on growth and positivity. Confidence shows signs of snowballing in ASEAN equities An abrupt move in expectation for rates to move meaningfully higher, a heightened geopolitical risk and material developed market (DM) slowdown are also risks for investors to keep an eye on. Also worth keeping an eye on are the unintended consequences that could arise from global discontent. Several EM regions - Hong Kong, Ecuador, Bolivia, Chile, Peru, Indonesia and L...