192: Emerging and Frontier Markets: Cyclical Bounce or the Beginning of a Secular Advance? A discussion with Peter Elam Håkansson, CEO and Founder of East Capital.

192: Emerging and Frontier Markets: Cyclical Bounce or the Beginning of a Secular Advance? A discussion with Peter Elam Håkansson, CEO and Founder of East Capital.

Emerging Markets, once the darling of the asset allocators world, have found themselves increasingly discarded by those same allocators.

Such became the re-allocation away from them and the magnetism of the US & its technology companies, that as recently as the end of 2024, Emerging Markets were at a 50 year low, relative to the S&P 500.

With some improved relative performance, it may be asked if this is a flicker, or are we at the foothills of a bigger reallocation? East Capital’s CEO, Peter Håkansson, discusses the opportunities, the lessons drawn from researching them for 3 decades, and what the drop in EM Government bond yields might be signalling.

He explains why no central heating might indicate corporate failure ahead, which fundamentals matter, and why they prefer to take their bets in company position sizing, rather than in the country weights.

He also discusses Frontier markets, the impact of foreign exchange and as a music lover he is, “reasons to be cheerful!” (Ian Dury & the Blockheads)

The Money Maze Podcast is kindly sponsored by Schroders, IFM Investors, World Gold Council and LSEG.

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174: Money Maze Podcast Corporate Trailer

174: Money Maze Podcast Corporate Trailer

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173: The End of US Equity Dominance? With Chris Wood, Global Strategist and Author of 'Greed and Fear'

173: The End of US Equity Dominance? With Chris Wood, Global Strategist and Author of 'Greed and Fear'

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172: Heroes or Villains? The Shrinking World of Shorting - With Carson Block, Founder of Muddy Waters

172: Heroes or Villains? The Shrinking World of Shorting - With Carson Block, Founder of Muddy Waters

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170: The Irreversible Convergence of Public & Private Markets – With Scott Kleinman, Co-President of Apollo Asset Management

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When Warren Buffet singles you out for praise, it might be fair to say you have summited the investment equivalent of K2, Annapurna and Kangchenjunga, the most challenging of mountain peaks!   In a ca...

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168: From Rare Earths to Broader Metals: Investment Opportunities & Strategic Priorities for the West

168: From Rare Earths to Broader Metals: Investment Opportunities & Strategic Priorities for the West

In this episode we’ve been very fortunate to find someone who ranks amongst the most qualified anywhere in the world to discuss this topic. He was the former CFO of Billiton, then as CEO, built Xstra...

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167: Space: The Next Frontier of Asset Allocation? With Mark Boggett, CEO of Seraphim Space

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