Emerging markets are too varied to treat as a homogeneous asset class. Every country comes with its own distinct culture, idiosyncrasies, risks and opportunities and requires a different and considered approach.
At T. Rowe Price, our on-the-ground experience affords us a nuanced and selective view. We are ‘investment locals’, not tourists. Each country is our home, each opportunity our clients’ potential gain.
Economies like China, India and many others provide rich ground for long-term investors, who can no longer afford to underestimate the opportunities they offer, nor the promise they bring. Need some examples?