Kevin O'Hare, co-manager of the Lazard Developing Markets strategy, discusses the compelling investment opportunities on offer in the emerging world.
After the recent correction in emerging markets, we are now more optimistic and can see meaningful upsides over a one-year period. While these expectations are not as large as we were anticipating in late 2008 and early 2009, we now see compelling investment opportunities. It is important to highlight the Greek crisis has not emanated from within the emerging markets. Therefore, this situation is not reminiscent of the 1998 crisis, which was a result of crises that occurred in the developing world. As was the case in 2008, EMs have reacted to the rest of the world and declines have be...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
