Current market pricing seems to reflect the notion all emerging markets are equally vulnerable to market headwinds, such as commodity price declines. Templeton Global Macro sees past the pessimistic headlines and makes a compelling case that finding attractive emerging markets opportunities lies in distinguishing the more resilient countries from the rest.
Emerging markets have come a long way since the 1990’s—when shocks could potentially trigger a systemic crisis. Dr. Michael Hasenstab discusses what’s different now.
Dr. Michael Hasenstab breaks down the five factors comprising the “Local Markets Resilience Index”—a proprietary scoring system which helps to identify true underlying risks relative to the opportunities.
What is Mexico doing right? Dr. Michael Hasenstab highlights the factors behind Mexico’s strong economy.
Are there bright spots to shine on Brazil? Dr. Michael Hasenstab offers his views on Brazil’s potential amidst crisis headlines.
Dr. Michael Hasenstab discusses how lessons learned from the Asian Financial Crisis helped lay a path for future prosperity.
Dr. Michael Hasenstab provides updates on key global themes—from US growth prospects, a soft landing in China, volatility in Europe and Japan’s QE program.
Dr. Michael Hasenstab recently wrote a brief article for the Financial Times where he explains why he believes Brazil is poised for a potentially significant rebound in the long term.
Dr. Michael Hasenstab recently wrote a brief article for InvestmentNews where he explains the formula his team employs when evaluating different fundamental strengths of emerging market countries.
All investments involve risks, including possible loss of principal. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in an investment portfolio adjust to a rise in interest rates, the value of the portfolio may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments. Investments in developing markets, of which frontier markets are a subset, involve heightened risks related to the same factors, in addition to those associated with these markets' smaller size, lesser liquidity and lack of established legal, political, business and social frameworks to support securities markets.
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