The rising middle-income consumer class in the developing economies could create staggering growth, bolstering the case for the emerging markets and a targeted EM consumer exchange traded fund strategy.
After a subdued first half of the year, global investors have become net buyers of Indian equities in July as the country’s equity markets provide respite from widespread economic gloom.
While emerging markets have been hit hard recently, with foreign investors dumping EM stocks and bonds for five consecutive months, India is telling a different story.
India’s fintech market is ballooning thanks to several factors within the country, including favorable demographics and more savvy and aware customers.