Angus Shillington, Deputy Portfolio Manager, VanEck discusses the digital wave in emerging markets and how advisors can tap into the major EM growth drivers.
While the digitalization trend is nothing new, the widespread effects of COVID-19 certainly exasperated this trend globally. In order to survive, companies across the board have been forced to digitize in order to adapt to the massive shift in consumer behavior. Well- positioned industries and sectors such as fintech, e-commerce, healthtech, fintech, online food delivery, and telecoms have seen explosive growth over the last year.
In developing countries, Shillington argues that the growth opportunity could be even greater. The emergence of an enormous middle class consumer base, increased access to computers and mobile internet are keys to the tech facilitated growth story in emerging markets.
Today, EM-based fintech companies have completely disrupted and laid the infrastructure for digital payments, online banking, wealth management, and lending platforms. Leveraging a deep bench of industry experience and an active bottom-up stock selection process, the VanEck Emerging Markets Equity strategy is designed to provide investors with exposure to forward looking growth opportunities in emerging markets.
VanEck manages over $61 billion in assets and offers a robust suite of active mutual funds and ETFs covering a wide range equity and bonds markets globally. Shillington serves as Deputy Portfolio Manager for VanEck’s Emerging Markets Equity Strategy. With extensive experience in Asia and broad emerging markets equity, his current responsibilities include company and macro-economic research relating to these regions, with a specialized focus on Asia.
To learn more, register for VanEck’s webcast: The Disruptive Force of Fintech in Emerging Markets. Topics discussed include:
- Structural Growth of Digitization in Emerging Markets
- COVID-19 Accelerates Digital Engine – Fintech Is the Driver
- Why Are Emerging Markets So Fintech Fertile?
- Digitization as Next Pillar of EM Growth + High Social Impact (ESG)
- How to Access Innovative and Disruptive Fintech Companies across Emerging Markets?