Covid-19 has done little to disrupt the powerful structural trends driving growth in EM. We expect those trends to gain momentum in the coming year.
- With a supportive macro-economic environment and the promise of vaccines becoming widely available in 2021, we believe the key long-term trend driving EMs will assert itself more strongly than ever.
- We see significant opportunities across consumer discretionary, information technology and communication services sectors, where there is exciting global growth potential as businesses develop products and services to meet evolving consumer tastes.
- We are finding a growing number of companies that meet our “quality growth” investment style with strong, investorfriendly management teams and the ability to fund their growth internally while increasing their returns on invested capital.
