Emerging Markets: Mapping the Opportunities

Finding attractive opportunities in the more resilient countries highlights Global Macro Shifts.

Templeton Global Macro®

Current market pricing seems to reflect the notion all emerging markets are equally vulnerable to market headwinds, such as commodity price declines. Templeton Global Macro sees past the pessimistic headlines and makes a compelling case that finding attractive emerging markets opportunities lies in distinguishing the more resilient countries from the rest.

Current market pricing seems to reflect the notion all emerging markets are equally vulnerable to market headwinds, such as commodity price declines. Templeton Global Macro sees past the pessimistic headlines and makes a compelling case that finding attractive emerging markets opportunities lies in distinguishing the more resilient countries from the rest.

Emerging Markets: A Look Back at Lessons Learned

Emerging markets have come a long way since the 1990’s—when shocks could potentially trigger a systemic crisis. Dr. Michael Hasenstab discusses what’s different now.

EMERGING MARKETS: UNCOVERING THE RISKS AND OPPORTUNITIES

Dr. Michael Hasenstab breaks down the five factors comprising the “Local Markets Resilience Index”—a proprietary scoring system which helps to identify true underlying risks relative to the opportunities.

Emerging Markets Case Study: Mexico

What is Mexico doing right? Dr. Michael Hasenstab highlights the factors behind Mexico’s strong economy.

Emerging Markets Case Study: Brazil

Are there bright spots to shine on Brazil? Dr. Michael Hasenstab offers his views on Brazil’s potential amidst crisis headlines.

Emerging Markets Case Study: Indonesia and Malaysia

Dr. Michael Hasenstab discusses how lessons learned from the Asian Financial Crisis helped lay a path for future prosperity.

Global Economic Outlook

Dr. Michael Hasenstab provides updates on key global themes—from US growth prospects, a soft landing in China, volatility in Europe and Japan’s QE program.

 

Contributors

Michael Hasenstab, Ph.D Portfolio Manager,
Chief Investment Officer,
Templeton Global Macro ®

Sonal Desai, Ph.D. Portfolio Manager,
Director of Research,
Templeton Global Macro ®

Calvin Ho, Ph.D. Deputy Director of Research,
Templeton Global Macro ®

Hyung C. Shin, Ph.D. Senior Global Macro & Research Analyst,
Templeton Global Macro ®

Diego Valderrama, Ph.D. Senior Global Macro & Research Analyst,
Templeton Global Macro ®

Attila Korpos, Ph.D. Senior Global Macro & Research Analyst,
Templeton Global Macro ®

Shlomi Kramer, Ph.D. Senior Global Macro & Research Analyst,
Templeton Global Macro ®

 

WHAT ARE THE RISKS?

All investments involve risks, including possible loss of principal. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in an investment portfolio adjust to a rise in interest rates, the value of the portfolio may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments. Investments in developing markets, of which frontier markets are a subset, involve heightened risks related to the same factors, in addition to those associated with these markets' smaller size, lesser liquidity and lack of established legal, political, business and social frameworks to support securities markets.