Opportunities in the step change in emerging markets
Investment opportunities are created when economies modernise, increase in size and see a step change in financial sophistication. Just look at China and India. Both were poorly managed by their respective governments until the early 1980s and 1990s and it is no co¬incidence that a loosening of regulation and an opening up of domestic markets to capital investment and competitive forces coincided with a significant increase in growth rates in these countries.