Asia-Pacific has been the region most severely impacted by the energy supply shock since the Middle East conflict broke out. Nevertheless, equity markets have outperformed both the US and Europe so far...
As war in the Middle East adds to a series of global supply shocks, emerging markets are showing growing resilience in an increasingly multipolar world.
Geopolitical tensions and higher oil prices increased dispersion across emerging markets debt, reinforcing the importance of selective, fundamentals-driven investing.
Richard Farrell, portfolio manager on the RBC Emerging Markets Equity team, explains why India’s structural growth story is compelling – but not immune to valuation, reform and geopolitics.