- We continue to see the emergence of high-quality companies that are well-placed to benefit from ongoing market consolidation and booming domestic consumption.
- In India, although the disruption of traditional business models has weighed on some companies, we expect to see a positive impact on Indian technology service providers.
- Credit penetration in Brazil is far below many other markets, signaling room to head higher in the coming years; we think this supports prospects for the financials sector.
For further details see:
Expectations Of Economic Normalization In 2021 Drove Confidence In Emerging Markets In The Final Quarter Of 2020