The following research paper was selected for presentation in the Due Diligence Forum program at PortfolioConstruction Conference 2008.

Category
Subcategory

Taking Stock (International Equities)
Diversified

Due Diligence Forum speaker

Scott Berg
Portfolio Manager, Global Equity Strategy
T. Rowe Price

Due Diligence Forum summary

Global equity investing is about opening up your opportunity set which includes investing in frontier and emerging markets.

This presentation and underlying research paper argue that a well constructed global equity portfolio requires the flexibility to invest in frontier and emerging markets the future of global growth. They discuss how underlying demographics have been a key growth driver of global emerging market economies and cite several opportunities well positioned to benefit from these broad demographic and economic drivers. Finally, they argue that investors must consider investing in emerging market economies and companies, given evidence of relatively low valuations and growth upside characteristics.