TEMIT's Chetan Sehgal: The outlook for emerging markets halfway through 2024

Headwinds to Chinese valuations

clock • 2 min read

The potential interest rate cuts and better earnings growth for 2024 are tailwinds for emerging markets.

While interest rates are expected to be ‘higher for longer', we believe that they will eventually decline as goods inflation has started declining in most markets, which has led investors to look beyond the current high rates. However, the macro environment remains challenging due to the ongoing conflicts in Ukraine and Gaza, which continue to impact economic activity. William Blair's Todd McClone: Divergent paths between China and India As well as the geopolitical tensions between China and the US which remain elevated, and it is evident that supply chain diversification has begun...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Emerging markets