Burton Malkiel on Emerging Markets & The Rise of the Middle Class Consumer – EMQQ – 3.26.19

Summary:

Now On Demand.

With the internet becoming increasingly affordable and accessible, Billions of people in the developing world are now leapfrogging traditional consumption patterns and starting to consume online for the first time. The result of this rising middle-class consumer wave has transformed economies and produced new internet giants on par with or even larger than their U.S. counterparts. We will delve into the greater influence of this new consumer wave and the fundamental changes taking place in developing economies, their preference for online shopping via the smartphone and ways for investors to gain targeted exposure to this rapidly expanding sector.

• How the smartphone is capturing the growth of the Emerging Markets consumer sector
• Flaws in the largest Emerging Market ETFs
• What McKinsey & Company calls “the biggest growth opportunity in the history of capitalism”
• Insights and key growth stories for some of the least familiar yet largest companies in the world

Speakers:

Dr. Malkiel serves as an Advisor to the EMQQ Index Committee. Dr. Malkiel is the Chief Investment Officer of WealthFront and a long time Professor of Economics at Princeton University. He is widely considered one of the pioneers of index investing and ETFs. He has served as a member of the Board of Directors of Vanguard, Dean of the Yale School of Management and as Chairman of the Princeton University Economics Department. Dr. Malkiel is also well known for his seminal work A Random Walk Down Wall Street. Dr. Malkiel holds B.A. and MBA degrees from Harvard and a Ph.D. from Princeton University.

Mr. Carter is the Founder of The Emerging Markets Internet ETF (NYSE: EMQQ). He has been a featured speaker for organizations including Columbia Business School, Bloomberg, Guggenheim Partners, Morningstar and the CFA Society. Previously, Mr. Carter was the Founder & CEO of AlphaShares, an investment firm offering four China focused ETFs in partnership with Guggenheim Investments. Mr. Carter was also the Founder & CEO of Active Index Advisors acquired by Natixis in 2005 and the Founder & CEO of eInvesting acquired by ETRADE in 2000. Mr. Carter began his career in 1992 with Robertson Stephens & Company.