Sev Vettivetpillai

Which Way for Emerging Markets in 2018?

Staci Warden, David Bohigian, Scott Mackin, Arvind Rajan, Nicolas Rohatyn, Sev Vettivetpillai

This analysis highlights a structural shift in global economics where emerging markets now drive the majority of GDP growth, fueled by a youthful demographic dividend and synchronized recovery contrasting with stagnation in developed nations. Investors are increasingly pivoting from macro commodity proxies to micro-level opportunities in healthcare, education, and renewable energy, though they must navigate significant liquidity risks in corporate bond markets and capital traps in private equity. Success in this environment requires long-term horizons, rigorous bottom-up due diligence to distinguish good capital absorption, and strategies that blend public and private funding to mitigate political and technological disruption.