EM Fund Stock Picks & Country Commentaries (October 6, 2024)

Mainland buyers can now invest in NY listed Chinese internet stocks, China's declining index weight, India industry multiples, Malaysia more stable, rising EM ex-China company earnings, etc.

As of the beginning of October, not too many September or Q3 fund factsheets or commentaries are ready, but there are a number of research pieces worth highlighting (e.g. China’s stimulus, etc):

• 🔬 Robeco has this lengthy report: 5-year Expected Returns: Atlas Lifted - Robeco is pleased to launch the 14th edition of its flagship annual publication, Expected Returns 2025-2029. This year’s edition, titled Atlas Lifted, delves into the transformative economic landscape of the next five years. Unlike Ayn Rand’s famous book ‘Atlas Shrugged’, where innovators abandon their burdens, Atlas Lifted envisions a proactive approach where capital owners embrace their responsibilities, fostering growth and innovation.

• The following funds or fund managers have new factsheets, commentaries, research pieces, podcasts or webinars that would interest investors in Asia:

  • 🔬 Abrdn has this piece that mentions or discusses Taiwan’s Sunonwealth Electric Machine Industry (TPE: 2421), Taiwan’s copper clad laminates stock Taiwan Union Technology Corporation (TPE: 6274), and Korea’s testing component stock LEENO Industrial (KOSDAQ: 058470): Identifying Asia’s tech enablers - Gabriel Sacks, Manager of Abrdn Asia Focus PLC (LON: AAS), highlights the value of "picks-and-shovels investing" in Asia’s tech sector, urging investors to focus on smaller, lesser-known tech enablers rather than just large companies.

  • 🔬 Abrdn has this piece: Emerging markets: exploding the “risk” myth - Gabriel Sacks, Manager of Abrdn Asia Focus PLC (LON: AAS), discusses emerging markets and explores the idea that despite the views that their most significant characteristic could be risk, investors should look beyond such clichés.

  • 📈 Henderson Far East Income Limited (LON: HFEL)’s August factsheet (detailed economic and portfolio - in the top corner + under documents) mentioned a number of stocks.