Emerging markets equities have been among the worst performing classes during 2018 despite having fundamentals that are more attractive than those of developed markets. Projected growth and demographics paint an attractive picture for investing in the emerging markets.
One of the areas within the emerging markets that we feel offers the most potential is ecommerce. A large and growing consumer class along with a population that is just gaining access to the internet through low-cost smartphones may bode well for ecommerce in the region.
Why do we feel that the emerging markets ecommerce sector, right