A World Economic Forum (WEF) economist on Monday expressed optimism regarding emerging markets despite headwinds caused by geopolitical tensions and global economic challenges.
In an exclusive interview with CGTN on the sidelines of a special meeting on “global collaboration, growth, and energy for development” in the Saudi capital Riyadh, WEF Managing Director Saadia Zahidi outlined the major factors that make emerging markets promising for further development.
“The cause for optimism comes from, one, South-South Cooperation,” she said, “for example, between China and Africa, or for example, trade between many countries in Southeast Asia.”
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.