Changing face of EM sector heralds good long-term prospects

EMERGING MARKETS

In the recent state opening of Parliament, the Queen announced: "My Government looks forward to an enhanced partnership with India."

Strengthening trade links with emerging market countries makes good sense when you consider this is where the fastest-growing economies lie. The resurgence of China (and to a lesser extent other emerging economies) has been transforming the global economic scene and there are some who believe over the next few decades India may in fact surpass China. To add a little context, the UK currently exports more to Ireland than it does to Brazil, Russia, India and China combined, so there is certainly plenty of scope for better trade links. In the investment world however, many of us are a...