Emerging markets have experienced a sharp change in fortunes this year, with strong first-half returns led by technology giving way to underperformance in the second half as investors reassess valuations and rotate away from AI-related stocks.
Navin Hingorani from Eastspring Investments says opportunities remain heading into 2027, particularly as Asian technology companies continue to benefit from US hyperscaler capital expenditure. However, investors need to be mindful of how much future growth is already priced in, particularly given questions around how the next wave of AI investment will be funded.
Watch | Navin Hingorani on ausbiz
