Antoine van Agtmael: Where to trade today

Emerging markets investment pioneer Antoine van Agtmael talks to Jody Clarke about today's most important markets.

Are emerging markets as attractive now as when you coined the term in 1981? Emerging markets are a completely different animal. In 1981, they were peripheral to the global economy. Coming out of this crisis, they will represent a third of global GDP. That's huge. You can no longer ignore emerging markets. Are they as attractive on a valuation basis? No. Back then, they were probably trading at a 40%-50% discount to the West. Now they trade at par, or even a small premium. But now they are also more important, less risky, healthier and bigger.

Is China's economy on shaky ground?

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Jody Clarke

Jody studied at the University of Limerick and was a senior writer for MoneyWeek. Jody is experienced in interviewing, for example digging into the lives of an ex-M15 agent and quirky business owners who have made millions. Jody’s other areas of expertise include advice on funds, stocks and house prices.