Projit Chatterjee, manager of the UBS Emerging Markets Equity Income fund, talks to Joanna Faith about how he has positioned his portfolio since launch last year and his outlook for key emerging market regions.
Aspirational consumers with an insatiable appetite for luxury Western brands are growing in numbers throughout emerging markets, where favourable demographics have created a generation of young workers with spending power.
Asian investment house Lion Global Investors (LGI) has launched three funds into the UK, including an Asian Income mandate which it hopes can challenge the existing powerhouses in the sector.
India's growth rate has dropped to its lowest level in nine years as falling external investment, a weak rupee, and an erosion of confidence impact the economy.