Domestic demand to drive emerging markets - F&C

Sam Mahtani, F&C’s Global Emerging Markets Portfolio manager, says confidence will return on the back of increased domestic demand. He says F&C are looking at economies with strong internal growth dynamics – such as Korea, Brazil, India, Thailand and Egypt. “Although each of these countries is at a different point in the economic cycle, they all share a common trait, namely their growing independence from the US economy as domestic demand continues to increase,” Mahtani says. Korea is showing recovery signs after years of household debt, Mahtani says, with business and government incr...