According to Glen Finegan, Lead Portfolio Manager at Skerryvore Asset Management, the team steers clear of any close ties with emerging market governments because “there is no rule of law in emerging markets”. You can’t rely on contractual agreements to stand up in court, nor for regulations to be consistent.
In this Livewire Expert Insights video, Glen discusses how to identify resilient businesses in emerging markets, why pricing power is important and the advantage that emerging market businesses may have in the current inflationary markets over developed market counterparts.
The content contained in this video represents the opinions of the speakers. The speakers may hold either long or short positions in securities of various companies discussed in the audio. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely as an avenue for the speakers to express their personal views on investing and for the entertainment of the viewer.
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