Sam Polyak, portfolio manager of Fidelity Emerging Markets Fund, takes us through emerging markets across the world and talks about where he is seeing faster recoveries and growth opportunities. Sam believes that global growth will be exciting post-pandemic, not just for emerging markets (EM) but for all markets. People have been saving money, and as economies reopen, jobs will be created, inflation could develop, and EM could benefit from demand for exports. Sam notes that Latin America benefits from a weaker dollar, and he is currently allocating more than the benchmark to this region, compared with Asia.
Recorded on February 2, 2021.