Collings: history not a guide to emerging future

Hexam Capital manager argues volatile track record in emerging markets is now irrelevant, forecasting a brighter future for over the next two decades

Anyone looking to buy global emerging markets on the dips has failed to appreciate the scale and speed of change that has transformed these economies, according to Bryan Collings of Hexam Capital. Speaking at the Investment Week Family Office event, he argued that anyone looking at the sector's historic track record of performance and valuation will not be getting a useful guide to the future. He forecast the outlook for emerging markets over the next two decades is impressive, based on strong fundamentals including high savings rates, favourable demographics, cheap currencies, improvin...