Some might try to build an organization, where the system is more important than the people. Unsurprisingly, you get exactly what you aim for – a company that loses people.
The pension reform approval in Brazil is the groundwork for sustainable growth.
It is important to focus on countries with a strong political leadership with structural growth reforms on the agenda, including amongst others, investment in education, infrastructure development and financial inclusion.
The investment case for Emerging Markets (EM) is strong and exciting. The population in EM accounts for approximately 70 pct. of the world’s population, of which about 50 pct. is under 30 years old. In addition, EM companies account for almost 50 pct. of world patent applications, even though only some 7 pct. of the world’s 500 largest companies are based in EM.