Emerging Markets: Investment Theories and Practice

Globalization is no longer an academic theory; it is a reality that affects all of our lives.

From the foods we eat to the goods we buy, the ubiquity of developing countries from Latin America, Asia, Africa, the Middle East, and former Soviet Union—those frequently referred to as emerging markets—intensifies daily.

Yet beyond the well-documented commercial and cultural impacts of globalization, there are strong but less visible trends toward greater global financial and investment integration.

What makes emerging financial markets different from those in the US, Europe, or Japan? What are the benefits of adding these markets to a traditional investment portfolio? How do policies shape these markets? Why invest in certain countries versus others? Within a country, which asset class should we invest in? How do hedge funds approach these markets versus traditional investors? How have recent populist geopolitics, artificial intelligence (AI), and automation altered the trajectories of developing and industrialized countries? From the practical perspective of a US institutional investor, this course is geared to help answer these questions.