South Africa is a hidden emerging market play: Philippe Langham, Head of Emerging Markets Equities, RBC GAM

Philippines, Chile and South Africa offer interesting investment opportunities that are not fully exploited by emerging market investors.

That is the view of Citywire A-rated manager Philippe Langham, who runs the RBC Funds (Lux) Emerging Markets Equity fund and heads the emerging market equities team at RBC Global Asset Management

‘The Philippines is at a relatively early stage of development. The outlook for credit over the coming years is still very strong, penetration levels in a number of different industries is relatively low. We generally think that management, particularly the companies that we invest in, is very strong.’

Read more: RBC’s Langham: my three hidden EM plays – Citywire