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Kevin Beck, Portfolio Manager at Paradice Investment Management, is happy with their investments in emerging markets, despite the volatility. The key, he says, is to stop viewing emerging markets as a homogenous asset class, but instead to assess each business and company based on its own merits. “There’s a perceived safety right now in high-quality businesses in developed markets. If you pay higher and high multiples, it’s hard to get double-digit returns. You have to go off the beaten path, you have to get involved where price is your friend, and we’ve been able to find that in emerging market companies.” Most developed markets are mired in low growth and inflation, but emerging markets offer something else; “if you want growth, from either a company or a country’s perspective, you still need some exposure to emerging markets.” Watch the full interview below:


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