Emerging Markets: Short-Term Headwinds May Create Long-Term Opportunities – American Century Investments – 10.28.21

Summary:

Now On Demand.

Emerging markets may be poised to rally toward the end of the year and into 2022. Reasons for optimism include improving vaccination distribution and ongoing global economic recovery. Additionally, markets have digested some of the temporary headwinds that have faced EM recently, including regulations out of China, inflationary expectations and global supply chain issues. We remain selective and focused on bottom-up opportunities to account for differences in growth, vaccination rates, and COVID-19 case data across individual EM countries.

Join Patricia Ribeiro, Senior Portfolio Manager for American Century’s Emerging Market Equity strategies and Nathan Chaudoin, Senior Client Portfolio Manager, for an in-depth discussion around the opportunities in Emerging Markets as they discuss their views on the asset class as the global economic recovery continues.

What you can expect to learn:

• EM is not a homogenous asset class; the recovery is likely to remain sequenced
  
• New China regulations: Are the worst effects of policy change behind us?
• Inflation & Reflation: The potential effects of economic expansion and higher global inflation
• Relative valuations remain compelling vs. developed markets

Speakers:

Patricia Ribeiro is senior vice president and senior portfolio manager for American Century Investments, a premier investment manager headquartered in Kansas City, Mo. She is based in the company’s New York office.

Patricia co-manages the firm’s Emerging Markets, Emerging Markets Sustainable Impact and Emerging Markets Small Cap strategies. Prior to joining American Century in 2006, Patricia was co-director of Global Research at Citigroup Asset Management and head of Latin American Equity Research for J.P. Morgan Investment Management, in addition to managing portfolios at both firms. She has worked in the investment industry since 1984 and in emerging markets equities since 1992.

Patricia holds a bachelor’s degree in accounting from Rutgers University, and she is fluent in Portuguese and Spanish.

Nathan Chaudoin is vice president and senior client portfolio manager for American Century Investments, a premier investment manager headquartered in Kansas City, Mo. He is based in the company’s New York office.

Nathan is a member of the Global Growth Equity group and is responsible for communicating global and non-U.S. equity investment strategies and results to the firm’s clients and consultants. Nathan joined American Century Investments in 2014. Previously, he was with HSBC Global Asset Management, most recently as a senior emerging markets product specialist. Prior to HSBC, Nathan held a role in business strategy and development at Dresdner RCM Global Investors. He has worked in the investment industry since 2000.

Nathan received a bachelor’s degree in French from Wake Forest University.