Emerging Opportunities
Resilience in the Reflation World: Concentration, Conflict, and Belief in Emerging Markets
Against the backdrop of global reflation, geopolitical conflicts, and a strengthening US dollar, asset allocation in emerging markets is undergoing profound changes. This article analyzes the structural opportunities in AI infrastructure, commodity exporters, and China's domestic infrastructure, exploring how institutional investors can build resilient portfolios in a high-inflation and high-interest-rate environment.