Brave investors should head for the frontier

Emerging markets have had a tough time of late, but long-term investors can’t afford to ignore them. David C Stevenson tips the best funds to buy now.

Emerging markets have had a tough time of late, but long-term investors can't afford to ignore them, says David C Stevenson.

September is not shaping up to be a great month for investors in emerging-market equities. Markets have got it into their collective heads that countries such as Indonesia and India are vulnerable to runs on their currencies. Meanwhile, China is facing its own Minsky moment' (named after US economist Hyman Minsky), where rampant credit creation results in an asset price collapse. As a fun exercise, just go to Google and tap in "China and Minsky moment" you'll see a long list of articles predicting trouble at the top' for its Communist leadership.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Swipe to scroll horizontally
Africa Opportunity FundLSE: AOF$1.12-3.8%0.8%
Global X Nigeria Index ETFNYSE: NGE$14.07n/an/a
Asian Total Return Investment CompanyLSE: ATR179.5p-1.9%2.0%
Utilico Emerging MarketsLSE: UEM176.5p-8.0%3.4%
Halley Asian Prosperity (tipped in 23/8 issue)Now closed
Somerset Capital Emerging Market Dividend Growth (23/8)www.somersetcm.com
Polar Capital Emerging Markets Income (23/8)www.polarcapital.co.uk
JP Morgan Global Emerging Markets Income Trust (23/8)LSE: JEMI118p1.4% (prem.)4.6%
Henderson Far East Income Trust (23/8)LSE: HFEL312p-1.8%6.0%
Schroder Oriental Income Trust (23/8)LSE: SOI183p-1.6%3.9%
David C. Stevenson
Contributor

David Stevenson has been writing the Financial Times Adventurous Investor column for nearly 15 years and is also a regular columnist for Citywire. He writes his own widely read Adventurous Investor SubStack newsletter at davidstevenson.substack.com

David has also had a successful career as a media entrepreneur setting up the big European fintech news and event outfit www.altfi.com as well as www.etfstream.com in the asset management space. 

Before that, he was a founding partner in the Rocket Science Group, a successful corporate comms business. 

David has also written a number of books on investing, funds, ETFs, and stock picking and is currently a non-executive director on a number of stockmarket-listed funds including Gresham House Energy Storage and the Aurora Investment Trust. 

In what remains of his spare time he is a presiding justice on the Southampton magistrates bench.