Home>Feasting in a Time of Famine: The South African Consumer
Feasting in a Time of Famine: The South African Consumer
Perspectives Content Submission
Fri, 1 Feb 2013
Emerging market (EM) consumer stocks over the past five years have significantly outperformed broader EM equities (according to the MSCI EM index), attracting investors’ attention with the apparent resilience of their businesses. Since December 2007, the EM consumer staples sub-index returned 82% i…
Though they've traditionally traded at a discount to developed markets, emergingmarkets will command a growth premium going forward, says David Semple, Van Eck's director of international investment.