Emerging Markets
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

May 2021 / INVESTMENT INSIGHTS

Emerging Markets Should Largely Keep Pace...

Emerging Markets Should Largely Keep Pace With U.S. Rebound

Emerging Markets Should Largely Keep Pace...

Yield curves may steepen as growth recovers

By Chris Kushlis

Chris Kushlis Credit Analyst

February 2021 / PODCAST

‘Confidence is back’: EM on a Path to Recovery

‘Confidence is back’: EM on a Path to Recovery

‘Confidence is back’: EM on a Path to Recovery

A deep look into the prospects facing emerging markets investors

By Yoram Lustig

Yoram Lustig Head of Multi-Asset Solutions, EMEA

January 2021 / INVESTMENT INSIGHTS

Finding “Deeper Value” in Emerging Markets

Finding “Deeper Value” in Emerging Markets

Finding “Deeper Value” in Emerging Markets

Value-growth divergence may be peaking

By Ernest Yeung

Ernest Yeung Portfolio Manager

October 2020 / VIDEO

EMs are a Prime Target for Active Investors

EMs are a Prime Target for Active Investors

EMs are a Prime Target for Active Investors

Emerging markets have long been overlooked by investors who shied away from political,...

By Scott Berg & Benjamin Robins

By Scott Berg & Benjamin Robins

October 2020 / VIDEO

ESG Investing in EM Needs an Active Approach

ESG Investing in EM Needs an Active Approach

ESG Investing in EM Needs an Active Approach

There is a wide variance between different companies on their approach and consideration...

By Ernest Yeung & Gonzalo Pángaro

By Ernest Yeung & Gonzalo Pángaro

October 2020 / VIDEO

EM at the Forefront of a Fintech Revolution

EM at the Forefront of a Fintech Revolution

EM at the Forefront of a Fintech Revolution

Fintech is finding a natural home in emerging markets where banking and insurance...

By Ernest Yeung & Gonzalo Pángaro

By Ernest Yeung & Gonzalo Pángaro

October 2020 / VIDEO

EM Gives Silicon Valley a Run for its Money

EM Gives Silicon Valley a Run for its Money

EM Gives Silicon Valley a Run for its Money

With the onset of rapid mobile phone adoption and the triumph of the internet, emerging...

By Gonzalo Pángaro

Gonzalo Pángaro Portfolio Manager

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)
6.37%
Fund Size
(USD)
$185.1m
RELATED FUND
SICAV
Class Q USD
ISIN LU1044875489
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)
14.81%
Fund Size
(USD)
$575.7m
RELATED FUND
SICAV
Class Q USD
ISIN LU1079768849
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)
-0.95%
Fund Size
(USD)
$99.3m
RELATED FUND
SICAV
Class Q USD
ISIN LU0864768196
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)
7.80%
Fund Size
(USD)
$3.0b
RELATED FUND
SICAV
Class Q USD
ISIN LU1053542236
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)
13.92%
Fund Size
(USD)
$1.3b
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)
1.15%
Fund Size
(USD)
$6.0m

Past performance is not a reliable indicator of future performance.

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.

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.