Vontobel Portfolio Manager Interview: A Discussion on International Equities and Emerging Markets
David Souccar talks about the limitations of monetary policy, equity market valuations, and how to think about emerging markets in light of macro risks.
The trade conflict and geopolitical issues continued to weigh on international equities during the third quarter of 2019, and concerns about slowing global growth prompted renewed monetary measures from central banks.
Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk. Foreign & Emerging Markets: Investing internationally, especially in emerging markets, involves additional risks such as currency, political, accounting, economic, and market risk. Prospectus: For additional information on risks, please see the fund’s prospectus.