EM Fund Stock Picks & Country Commentaries (June 22, 2025)
Papua New Guinea stocks, autonomous driving + EM EV growth, Korea’s value up program 1 year on, EM investment trusts benefit from a weak USD, small caps shine, more May fund updates, etc.
As of the later part of June, more May fund updates have become available (our continuously updated post containing all funds is here) along with new research starting with a Middle East piece and more pieces pushing AI or European stocks:
🔬🌍 The Israel-Iran Conflict: What It Could Mean for Global Markets (Hartford Funds) - Thought leaders from Wellington Management and Schroders explore the broader consequences of the Israel-Iran conflict for investors and policymakers alike.
🔬🌍🚩 European smaller companies: normal service resumed? (Aberdeen Investments) - Since 2001, small caps have outpaced large caps globally. Yet many investors still steer clear. Time to take another look?
🇬🇧 Morgan Sindall Group PLC (LON: MGNS / FRA: 0KN) - Housing & mixed-use partnership schemes, fit out & construction services across the UK for the public, commercial & regulated sectors. 🇼
🇩🇪 CTS Eventim AG & Co KGaA (ETR: EVD / FRA: EVD / OTCMKTS: CEVMF) - German listed ticketing and events business. 🇼
🇩🇪 Rational AG (ETR: RAA / FRA: RAA / OTCMKTS: RTLLF) - Germany based commercial kitchen stock. 🇼
🇩🇪 Nemetschek SE (ETR: NEM / FRA: NEM / NEM0 / OTCMKTS: NEMKY) - Digital transformation in the AEC/O industry covering the entire life cycle of construction & infrastructure projects with intelligent software solutions. 🇼
🔬🌐🚩 Edinburgh Worldwide enlightenment: Astera Labs (Baillie Gifford)
Astera Labs (NASDAQ: ALAB) is establishing a reputation as the go-to partner to connectivity AI datacentres
Global investment in AI infrastructure surged 51% to $455 billion, significantly boosting demand for Astera’s products, underpinned by key partnerships with Amazon, Microsoft, and Google
Astera’s pioneering technology, strong management, and appealing valuation after a recent price correction make it an ideal early-stage investment for EWIT
🎬🇬🇧 The UK is a happier hunting ground than ever (Fidelity) 54:09 Minutes - Alex Wright portfolio manager of Fidelity Special Values PLC spoke to Citywire’s Jeremy Gordon about why he believes that the winds of change are blowing in the UK market and how he has tilted the portfolio towards domestically focused smaller companies as a result.
New Asia Fund Documents & Research
🗄️🌏 The May monthly factsheet (detailed economic and portfolio) for Abrdn Asia Focus PLC (LON: AAS)’s high conviction portfolio of Asian small caps discussed or mentioned:
📈🇹🇼 Taiwan Union Technology Corporation (TPEX: 6274) - Value-added materials & advanced mass lamination service to the global electronics industry.
📈🇹🇼 Chroma Ate Inc (TPE: 2360) - Taiwanese automated testing company. Semiconductor testing for AI-artificial intelligence. 🇼 🏷️
📈🏧Accton Technology (TPE: 2345) - Open hardware platforms for data center, carrier access, campus, SD-WAN networks & IoT. 🇼 🏷️
📈🏧🇹🇼 POYA International Co (TPEX: 5904) - Specialty store offering personal beauty & daily merchandise.
📈🏧🇨🇳 Atour Lifestyle Holdings (NASDAQ: ATAT) - Hospitality & lifestyle company in China. Portfolio of lifestyle hotel brands. 🏷️
📉🇮🇳 Kfin Technologies (NSE: KFINTECH / BOM: 543720) - SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics & digital services to asset managers. 🏷️
📉🇹🇭 Mega Lifesciences PCL (BKK: MEGA) - Brands, Distribution & Original Equipment Manufacture (OEM). Health food supplements, prescription pharma, OTC products, herbal products, vitamins, etc. 🏷️
📉🇰🇷 Classys (KRX: 214150) - Medical aesthetics technologies w/ market share positioning in 55+ countries (Europe, Australia, Brazil & Singapore). 🏷️
🏧🇰🇷 Hansol Chemical (KRX: 014680) - Fine chemicals + display, semiconductor & LiB materials. 🇼 🏷️
🏧🇮🇩 Medikaloka Hermina Tbk PT (IDX: HEAL) - Indonesian healthcare provider. 🇼