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James Syme: Why country dynamics matter in emerging markets

November 10, 2026

Why do emerging markets go right or wrong at the country level? Pendal senior fund manager JAMES SYME discusses the key factors to consider when investing in emerging markets

WHEN assessing investments in emerging markets, economic and political cycles, valuations and currencies are all factors that should be considered, argues SYME.

In this video, Syme explains why the Pendal Global Emerging Markets Opportunities team reviews every market every month to find the strongest cyclical opportunities and steer clear of overvalued ones.

He also delves into why a weaker US dollar, and today’s crowded AI trade make emerging markets an important way for US-heavy investors to diversify.

Find out about

Pendal Global Emerging Markets Opportunities Fund

About Pendal Global Emerging Markets Opportunities Fund

James Syme, Paul Wimborne, Ada Chan and Roshni Bolton are co-managers of Pendal’s Global Emerging Markets Opportunities Fund.

The fund aims to add value through a combination of country allocation and individual stock selection.

The country allocation process is based on analysis of a country’s economic growth, monetary policy, market liquidity, currency, governance/politics and equity market valuation.

The stock selection process focuses on buying quality growth stocks at attractive valuations.

Find out more about Pendal Global Emerging Markets Opportunities Fund here
 
Pendal is a global investment management business focused on delivering superior investment returns for our clients through active management.

Contact a Pendal key account manager here


This video has been prepared by J O Hambro Capital Management Limited (JOHCML), a wholly owned subsidiary of Perpetual Limited and a related party of Pendal Fund Services Limited (PFSL) ABN 13 161 249 332 AFSL 431426 and Pendal Institutional Limited (PIL) (ABN 17 126 390 627, AFSL 316455). PIL has appointed JOHCML as an authorised representative (Representative number 001280039) under its Australian Financial Services Licence. ​

This video contains general information only and does not contain financial advice or take into account your objectives, financial situation or needs. You should consider whether the information is suitable for your circumstances and we recommend that you seek professional advice.​

PFSL is the responsible entity and issuer of units in the Pendal Global Emerging Markets Opportunities Fund (Fund) ARSN: 159 605 811. A product disclosure statement (PDS) is available for the Fund and can be obtained by calling 1300 346 821 or visiting www.pendalgroup.com. The Target Market Determination (TMD) for the Fund is available at www.pendalgroup.com/ddo. You should obtain and consider the PDS and TMD before deciding whether to acquire, continue to hold or dispose of units in the Fund. ​

This video may contain information contributed or prepared by third parties. Any information contributed or prepared by third parties is believed to be accurate as at the time of compilation and is being provided in good faith without independent verification. PFSL does not warrant the accuracy or completeness of any information provided by a third party.​

To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital. All investing involves risk including the possible loss of principal. Past performance is not indicative of future performance.​

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