Emerging Markets Equity
Our global emerging, frontier and Asian market specialists share their latest insights from their travels through the region.

Did you know…

  • T. Rowe Price has been investing in emerging markets since 1980
  • Our EM analysts comprise 22 nationalities and speak 23 languages
  • We cover 75 countries across emerging and frontier markets
Latest Analysis

July 2020 / VIDEO

How Can China Remain a Key Growth Economy?

How Can China Remain a Key Growth Economy?

How Can China Remain a Key Growth Economy?

Rising debt and trade wars among key challenges.

By Wenli Zheng & Chris Kushlis

By Wenli Zheng & Chris Kushlis

July 2020 / VIDEO

Emerging Markets in the new decade

Emerging Markets in the new decade

Emerging Markets in the new decade

Why the future for EMs will be different from the past.

By Scott Berg & Andrew Keirle

By Scott Berg & Andrew Keirle

July 2020 / NOTES FROM THE ROAD

Vietnam Shows a Way Through the Coronavirus...

Vietnam Shows a Way Through the Coronavirus Crisis

Vietnam Shows a Way Through the Coronavirus...

Frontier country positioned well by effective containment

By Oliver Bell & Leigh Innes

By Oliver Bell & Leigh Innes

June 2020 / INVESTMENT INSIGHTS

China Is Leading the Asian Recovery

China Is Leading the Asian Recovery

China Is Leading the Asian Recovery

As COVID-19 fizzles out, China reopens for business

By Wenli Zheng

Wenli Zheng Regional Portfolio Manager

June 2020 / INVESTMENT INSIGHTS

Five Dimensions to Watch Amid U.S.-China...

Five Dimensions to Watch Amid U.S.-China Tensions

Five Dimensions to Watch Amid U.S.-China...

How rising U.S.-China tensions could unsettle markets

By Chris Kushlis

Chris Kushlis Credit Analyst

June 2020 / INVESTMENT INSIGHTS

Making Sense of Coronavirus for Asia Credit...

Making Sense of Coronavirus for Asia Credit Investing

Making Sense of Coronavirus for Asia Credit...

Asia credit has proved resilient amid the coronavirus pandemic

By Sheldon Chan

Sheldon Chan Porfolio Manager

28 May 2020 / WEBCAST

Navigating the Path Ahead in Asia

Navigating the Path Ahead in Asia

Navigating the Path Ahead in Asia

In this webinar, Eric Moffett shares his outlook for Asia ex-Japan markets.

By Eric C. Moffett

Eric C. Moffett Portfolio Manager

May 2020 / INVESTMENT INSIGHTS

Looking at Emerging Market Bonds Through...

Looking at Emerging Market Bonds Through New Lenses

Looking at Emerging Market Bonds Through...

How recent developments could impact the asset class

By Andrew Keirle

Andrew Keirle Portfolio Manager

May 2020 / VIDEO

Three Lessons We’ve Learned in Emerging Market...

Three Lessons We’ve Learned in Emerging Markets So Far

Three Lessons We’ve Learned in Emerging Markets So Far

Central bank support and re-entering EM early are essential

By Samy Muaddi

Samy Muaddi Portfolio Manager

May 2020 / INVESTMENT INSIGHTS

EM Corporate Debt’s Time Has Come

EM Corporate Debt’s Time Has Come

EM Corporate Debt’s Time Has Come

Its role in investor portfolios is set to expand

By Yoram Lustig

Yoram Lustig Head of Multi-Asset Solutions, EMEA

Fund Focus
RELATED FUND
SICAV
Class I USD
ISIN LU1244138340
A focused, yet well-diversified all-cap fund of typically 50-80 emerging markets companies. We seek to identify “forgotten” stocks that are under-owned and under-researched by mainstream investors, and which we believe are positioned to benefit from a fundamental re-rating.
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3YR Return
(Annualised)
-0.51%
Fund Size
(USD)
$108.1m
RELATED FUND
SICAV
Class I USD
ISIN LU1044871900
A high conviction portfolio of around 40-70 Asia ex-Japan companies that we believe can reliably compound earnings and sustain strong cash flow generation over time. Put simply, we aim to buy high quality businesses run by high quality people.
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3YR Return
(Annualised)
8.48%
Fund Size
(USD)
$180.7m
RELATED FUND
SICAV
Class I USD
ISIN LU1079765662
A portfolio of around 60-80 high quality, high growth companies from across frontier markets. The fund aims to offer pure exposure to the dynamic and fast-growing regions of frontier markets, which we define as any country not included in developed or emerging market indices.
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3YR Return
(Annualised)
-6.92%
Fund Size
(USD)
$125.8m
Notes From The Road
RELATED FUND
SICAV
Class I USD
ISIN LU0133084979
A diversified portfolio of approximately 90-120 emerging markets stocks, unconstrained by country, sector, or market cap. We aim to identify high quality companies with long-term sustainable above-market earnings growth, at prices that do not fully reflect that growth.
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3YR Return
(Annualised)
4.44%
Fund Size
(USD)
$2.5b
RELATED FUND
SICAV
Class I USD
ISIN LU0266341725
An all-cap, growth-oriented portfolio of approximately 80-120 Asia ex-Japan stocks that represent our highest conviction ideas. The fund seeks to capitalise on the inefficiencies and growth potential of economies in the region.
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3YR Return
(Annualised)
7.00%
Fund Size
(USD)
$700.8m
RELATED FUND
SICAV
Class I USD
ISIN LU0310188205
A diversified portfolio of typically 50-80 stocks of companies from the Middle East and Africa region. Our investment approach is growth-orientated, unconstrained, and aims to deliver strong absolute performance by exploiting the inefficiencies of the local markets.
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3YR Return
(Annualised)
-4.88%
Fund Size
(USD)
$4.2m

Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures.
Past performance is not a reliable indicator of future performance.

Daily performance data is based on the latest available NAV.  

The Funds are sub-funds of the T. Rowe Price Funds SICAV, a Luxembourg investment company with variable capital which is registered with Commission de Surveillance du Secteur Financier and which qualifies as an undertaking for collective investment in transferable securities (“UCITS”). Full details of the objectives, investment policies and risks are located in the prospectus which is available with the key investor information documents in English and in an official language of the jurisdictions in which the Funds are registered for public sale, together with the articles of incorporation and the annual and semi-annual reports (together “Fund Documents”). Any decision to invest should be made on the basis of the Fund Documents which are available free of charge from the local representative, local information/paying agent or from authorised distributors and via www.troweprice.com.