- GIVEN AN IMPROVING RISK/RETURN BACKDROP FOR EMERGING MARKETS (EM), TIM LOVE, BELIEVES NOW IS A GOOD TIME TO REVISIT A GROUPING HE COINED IN NOVEMBER 2020 CALLED “START” (Samsung Electronics (KRX: 005930 / LON: BC94 / OTCMKTS: SSNLF), TENCENT, Alibaba Group (NYSE: BABA), Reliance Industries Limited (NSE: RELIANCE / BOM: 500325) AND Taiwan Semiconductor Manufacturing (TSMC) (NYSE: TSM)) WHICH REPRESENT WELL THE CYCLICAL AND SECULAR OPPORTUNITIES FOR THE EM REGION.
- Tim contrasts this grouping to the US-listed FAANG (Facebook/Meta, Amazon, Apple, Netflix and Google/Alphabet), outlining why he believes START are key enablers of the ongoing digital revolution, represent strong growth opportunities and also reflect key sustainable shifts in the region across both consumer and enterprise.
- NOTE: There is Tencent Holdings (HKG: 0700 / LON: 0LEA / FRA: NNND / OTCMKTS: TCEHY) and their subsidiary Tencent Music Entertainment Group (NYSE: TME).
Source: START not FAANG (GAM)
Similar Posts:
- Global Emerging Markets: Country Allocation Review, H1 2021 (Federated Hermes)
- GAM’s Love: Emerging Markets Might Double Your Money Over Four Years (FE Trustnet)
- Tech Sector Can Power Emerging Market Portfolios (FE Trustnet)
- Asia at a Crossroads: Demographics, Economics & Investment (State Street)
- Powell Pushing Asia Into a New Financial Crisis (Asia Times)
- Emerging Market Risk Ranking: Most Vulnerable to the Strongest (FT)
- Best Consumer Stocks for Emerging Market Investors (Morningstar)
- Emerging Market Stock Pick Tear Sheets (July 1-15, 2023)
- Looking Past the Hang-Ups for Asia’s Smartphone Industry (Franklin Templeton)
- The Spoils of Trade War: Asia’s Winners and Losers in US-China Clash (SCMP)
- Why Tencent’s Golden Share Arrangements Could Be Worse for Investors Than Alibaba’s (China Tech Shorts)
- S&W’s McGrath: Emerging Markets Are at the Perfect Entry Point (FE Trustnet)
- Global Emerging Markets: Country Allocation Review 2021 (Federated Hermes)
- No Improvement in Asia Pacific Corporate Payments in 2015 (Coface)
- Diageo’s emerging market problems deepen (FT)
