After the surprising results of the US election, emerging markets sold off sharply. We believe that this was driven by sentiment rather than fundamentals. The new levels should offer attractive entry points for investors.
The emerging-markets story remains intact. As broad segments of the global population continue to advance towards middle-class lifestyles, private consumption persists as a major theme. This drives GDP growth in China, India, and across the regions, and creates opportunities in sectors as diverse as personal care, transportation, and sports. We expect raw-materials-dependent countries such as Brazil, Russia, and South-Africa to stabilize as well, based on recovering consumption and robust demand.
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Interest in sustainable investments is unabated. That is not surprising, since sustainable investing is en vogue and offers multiple benefits. Read more in our interview with Andreas Wiencke, Head of ESG Solutions at Credit Suisse Asset Management Global Real Estate.
Minimum volatility indices have outperformed their market-cap weighted parent indices over long periods in time. This finding has challenged conventional finance theory, which states that portfolios with higher returns should come with higher risks.
Switzerland’s openness to the world and willingness to see things from different perspectives have had a strong and positive influence on the Swiss economy. Investors, too, would do well to be open to innovative topics such as edutainment, as the online education market harbors enormous potential.