Amundi: EM energy transition is a 'low hanging fruit'

Positive on China and India

Decarbonisation in emerging markets, such as India, is “a big low hanging fruit” for investors, Yerlan Syzdykov, global head of emerging markets at Amundi, told Investment Week.

Syzdykov said there was "very little money" going into emerging markets for the energy transition, which he attributed to the coronavirus pandemic, slowing economic growth and a "poor" regulatory environment. Deep Dive: European investors miss out on €200bn a year by not holding Asian stocks He estimated there was "a significant amount of pent-up demand", with only about 10% of total investment needed for the transition having actually entered emerging markets. "We have probably $1.5-3trn as a necessity for us to invest on an annual basis into emerging markets until 2050, and l...