Langridge flags up long-term entry point for GEM investors

clock

Emerging markets face a tough summer but this could lead to an entry point for investors at the end of Q3, said Jupiter's Kathryn Langridge.

The manager of the Global Emerging Markets fund said so far this year emerging markets have fallen by more than 4%, which is the worst performance against Japan and the rest of the world on record. Langridge said: “The overarching story driving the asset class is that it is structurally and fundamentally challenging. This idea will prevail over the summer, leading to a buying opportunity at the end of the third quarter.” The current downturn results from a potent mix of political unrest in Turkey, coinciding with US treasury yields spiking above emerging market debt. “The focus is ...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Why high-yield investors should keep a close eye on the default cycle

Partner Insight: Why high-yield investors should keep a close eye on the default cycle

Alex King, CFA, Investment Strategy Analyst @ Wellington Management
clock 19 February 2024 • 5 min read
Partner Insight: Navigating new opportunities in commodities

Partner Insight: Navigating new opportunities in commodities

A unique investment opportunity is in the making as we move from the coal and oil-centred story of the last century to the renewable, clean energy chapter of the future. Watch the discussion to learn more.

Sarka Halas
clock 15 February 2024 • 1 min read
'The recession that did not happen': How investors should be positioned for 2024

'The recession that did not happen': How investors should be positioned for 2024

Wellington co-head of investment strategy

Natasha Brook-Walters
clock 06 February 2024 • 4 min read
Trustpilot