It’s a familiar story for EM investors: shifting global conditions catch out a few of the most vulnerable economies, prompting currency crises and sharp falls in asset prices.
Even as stock market swings have unsettled clients, they are investing more, not less. At the same time, a recent retreat in stock prices has dinged revenue for advisors.
Technology adoption has accelerated, resulting in unprecedented market change. Investors must separate out the winners as technology transforms the global economy.