Please note, this podcast was recorded in early March. Much has changed, however the investment thesis and ideas contained in this podcast are long term trends that remain relevant for investors.
Prior to the COVID-19 crisis, the rise of China was one of the driving growth opportunities behind many Australian companies and global mega-caps (think Tencent and Alibaba). Yet many other emerging markets offer similar trends – technological prowess, an educated and increasingly wealthy middle class, and rapid urbanisation.
The long term numbers are staggering. Eu-Jene Teng of Martin Currie, a Legg Mason business, discusses emerging market investment opportunities arising from:
- the rise of mega-cities (125 million people or more)
- increasing urbanisation and education
- technological sophistication outside the US, and
- niche trends such as Korean beauty, and more.
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.