There Are Still Opportunities in EM, Says Oreana's CIO

The video discusses the challenges and opportunities in emerging markets, focusing on the impact of higher rates, a stronger US dollar, and higher oil prices. It highlights regional differences, particularly between Asia, LATAM, and Eastern Europe, emphasizing the importance of governance and central bank credibility. The video also explores investment opportunities, noting that while valuations have improved, potential recessions are not fully priced in. The Philippines is highlighted as a region of concern due to governance and economic challenges.

What are the main challenges faced by emerging markets according to the video?

• Stable governance and credible central banks

• High oil prices and strong U.S. dollar

• Low interest rates and weak U.S. dollar

• Strong economic growth and high equity performance

Which region is identified as having the most credible central banks and best governance?

• Africa

• Asia

• Eastern Europe

• Latin America

What is the current state of valuations in emerging markets?

• Valuations have improved but may not fully account for recession risks

• Valuations are declining rapidly

• Valuations are stable with no expected changes

• Valuations are at their peak

What is the expected timeline for recovery in emerging markets?

• 1 to 3 months

• 12 to 18 months

• 3 to 6 months

• 6 to 12 months

Why is the Philippines considered a risky market?

• Due to a strong external position

• Because of stable governance and credible authorities

• Due to strong economic growth

• Because of high inflation and governance issues