Newscasts - Emerging markets driving 'AI narrative' at 'healthier' valuations

Lazard

06/01/2026 21:28

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_6exhgpfa&referenceId=tag:reuters.com,2026:newsml_RW468106012026RP1_930&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: Rohit Chopra, portfolio manager at Lazard Asset Management, said he sees "a lot of really exciting, idiosyncratic opportunities" in shares of companies based in emerging markets, especially when it comes to AI.

Short Link: https://lseg.group/4ju0XOj

Video Transcript:

Emerging markets is a really exciting opportunity. We just finished what I would describe as 10 years of famine in emerging markets. Last year, emerging markets saw one of a very powerful recovery. But still, you see this part of the world which represents 80% of the world's population, fast-growing economies coming back online. You're also seeing EM is actually driving the AI narrative at a much healthier valuation profile. Leading memory companies out of Korea. Think about Taiwan, some of the leading semiconductor companies there. China is also coming on the main stage. So, what we're seeing is in the context of EM, there's a lot of really exciting idiosyncratic opportunities which we believe give investors a great risk-reward.