Emerging Markets Remain the 'Future of Growth,' Says GAM's Howard

The video discusses the value of investing in emerging market telecoms, influenced by the Federal Reserve and market consolidation. Despite current pressures from a rising dollar and trade wars, emerging markets are seen as the future of growth. They are currently trading at a 30% discount compared to the MSCI World index, making it a potentially good time to increase investments if one has a long-term horizon. The video advises against market timing and suggests a buy-and-hold strategy for those interested in structural trends.

How does the speaker view the future of growth in emerging markets?

What does the speaker imply about market timing in relation to emerging markets?