Summary: In this episode of Trends with Benefits I speak with David Semple, Portfolio Manager for VanEck’s emerging markets equity strategy about the state of emerging markets, COVID-19’s impact, and how the nature of growth among emerging markets countries has changed.
Is ‘emerging markets’ an artificial construct?
The virus, as David noted during our discussion, has accelerated trends or exacerbated issues present in countries prior to the pandemic. Certain countries may be in a better position to deal with the economic impact. The relative strengths or weaknesses of specific countries are laid bare and highlight another truth of emerging markets: every country is different.