Cash in on consumers in emerging markets
Austin Forey of the JPMorgan Emerging Markets Trust picks three stocks that should benefit from growth in emerging-market consumption.
A professional investor tells us where he'd put his money. This week: Austin Forey of the JPMorgan Emerging Markets Trust highlights three favourites
The JPMorgan Emerging Markets Investment Trust seeks out high-quality businesses that can grow their earnings sustainably over the long term. We have 40 analysts around the world seeking companies that create value for shareholders and where corporate governance will not undermine thatvalue creation.
We take a medium- to long-term perspective of approximately five years, which we believe is far longer than the average investor's; many of our picks have been part of the portfolio for over a decade. We have a bias towards companies with sustainable competitive advantages, consistent cash flow generation and strong management teams, and we want to buy them at sensible prices.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

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
The portfolio is positioned to benefit from the secular growth in emerging-market consumption, including growing penetration of financial products in underbanked markets. Our key themes include emerging-market e-commerce where the pace of adoption is faster than in developed markets innovative IT software and services, and private-sector banks in India, which offer ample scope for organic growth and significant market-share gains.
A top-notch private bank
HDFC Bank
Burgeoning e-commerce in Latin America
Mercadolibre (NASDAQ: MELI)
A dominant player in IT services
Globant (NYSE: GLOB)
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Government launches full review of parental leave and pay – what could it mean for you?
The government wants parental leave to be fairer - will its shake-up fix the widespread problem for families?
-
Nationwide: House prices see biggest monthly fall in over two years
UK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions