Countdown to Senate 1

At Hexam, we believe emerging markets have never been in better shape. From 1998 onwards a solid aw...

At Hexam, we believe emerging markets have never been in better shape. From 1998 onwards a solid awareness of how much the world is changing has been lacking, with respect to emerging markets. There has been de-leveraging, low debt to equity levels, and low debt at household and company level. Budget balances in emerging markets are nothing like the UK, Europe and the US - in fact a lot of them are now in surplus. Emerging markets have got an abundance of savings, an abundance of liquidity and currencies are appreciating. Given the fundamental backdrop, a varying degree of exposure ...