EM Fund Stock Picks & Country Commentaries (December 29, 2024)
ASEAN stocks that benefit from a rising middle class, Saudi Arabia's transformation, India trip report, Central & Eastern Europe opportunities, more book selections + 2025 outlooks, etc.
As of the end of the year, a few more November fund updates have become available (our continuously updated post containing all funds is here) plus new end of the year research:
🔬🌐 GS SUSTAIN: AI/data centers' global power surge: The push for the 'Green' data center and investment implications (Goldman Sachs) - Goldman Sachs Research continues to see global data center power demand growing 165% by 2030 vs. 2023 levels, as well as Big Tech taking an all-in approach to sourcing power and pursuing low-carbon solutions. While GS Research continues to assume renewables meets only 40% of data center power demand growth through 2030, they see potential for a significant rise in nuclear share in the 2030s.
🔬🌐 Polen Reads: Our 2024 Firmwide Book Selections (Polen Capital) - Four books our firm read together this year to foster learning and new ideas.
State Street has these podcasts with transcripts:
🎙️🌐 The best reads of 2024 (24:18 Minutes) - At the end of each year, we publish recommendations of the best things we've read, listened to or watched over the course of the year.
🎙️🌐 Trading the outlook for 2025 (32:27 Minutes) - We recap the year just ending, with a discussion on macro market impacts and a preview of what’s to come in 2025.
🎙️🌐 15 ideas for 2025: The year ahead podcast (35:27 Minutes) - In keeping with our annual tradition, we present the team’s forecast of the best market opportunities for the year ahead.
New Asia Fund Documents & Research
📈🌏 abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN: FAX)’s
latest quarterly commentary (market review and outlook) is dated from the quarter ended October 31, 2024. It covers bonds, currencies, credit, and gives an outlook.