Accessing the new economy the key to emerging markets growth

 Accessing the new economy the key to emerging markets growth

Investors need to ensure they are accessing the new economy if they are to benefit from the growth story that drives emerging markets returns. Investors at the Fiduciary Investors Symposium talk about how they allocate to emerging markets.

Just under half of the companies in emerging market indexes are low growth old companies that typically miss out on the key growth trends that have been unleashed by digitisation and the smart phone according to Sara Moreno, managing director at US investment manager Jennison.

Moreno explained that the digital transformation at ground level in emerging markets is driving opportunities. It is also behind financial inclusion across populations excluded by the traditional banking sector. She said China led the revolution, using e-commerce to increase inclusion and allowing companies to market directly to consumersMark Walker, chief investment officer at Coal Pension Trustees, a £21 billion…

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