Volatile times can create opportunities for patient investors, and there’s been no shortage of volatility in emerging markets investors lately. Alex Duffy believes that times such as these separate the bad business models from the good and highlights two key areas he's currently seeing opportunity.
- Consumption – penetration rates for various household products is increasing as the wealth effect is driving demand for consumer products such as cookware and home appliances.
- Financials – with US higher rates enhancing competitive advantages for high quality deposit taking banks. The financials’ use of technology will separate the winners and losers.