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Narratives vs Numbers: Brendan Ahern on EM Growth, Dollar Flows, and What Investors Miss

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Manage episode 504231572 series 3383922
Content provided by Michael A. Gayed, CFA, Michael A. Gayed, and CFA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael A. Gayed, CFA, Michael A. Gayed, and CFA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Lead-Lag Live, I sit down with Brendan Ahern, Chief Investment Officer at KraneShares, to separate narrative from data on non-U.S. and emerging markets.
From index-construction quirks to the impact of a weaker dollar, Brendan lays out why headline EM returns can hide powerful growth — and how investors might be looking in the wrong places.
In this episode:
– Why headline EM returns can mask strong tech-led performance
– How stripping out banks/energy/SOEs changes the EM picture
– What a weaker dollar means for global rebalancing out of U.S. equities
– Where growth actually lives: names like TSMC, Alibaba, Tencent, Mercado Libre
– How to think about EM “growth factor” exposure alongside broader EM allocations
Lead-Lag Live brings you inside conversations with the financial thinkers who shape markets. Subscribe for interviews that go deeper than the noise.
#LeadLagLive #EmergingMarkets #Investing #GlobalEquities #USDollar

Start your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!
Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEs
Spotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V

Support the show

  continue reading

Chapters

1. Narratives vs Numbers: Brendan Ahern on EM Growth, Dollar Flows, and What Investors Miss (00:00:00)

2. The US Equity Domination Narrative (00:01:17)

3. Extracting Growth from Emerging Markets (00:04:07)

4. Dollar Weakness Changing Global Dynamics (00:09:20)

5. KEMQ Performance and Differentiation (00:12:48)

6. Where to Find CraneShares Research (00:14:27)

840 episodes

Artwork
iconShare
 
Manage episode 504231572 series 3383922
Content provided by Michael A. Gayed, CFA, Michael A. Gayed, and CFA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael A. Gayed, CFA, Michael A. Gayed, and CFA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Lead-Lag Live, I sit down with Brendan Ahern, Chief Investment Officer at KraneShares, to separate narrative from data on non-U.S. and emerging markets.
From index-construction quirks to the impact of a weaker dollar, Brendan lays out why headline EM returns can hide powerful growth — and how investors might be looking in the wrong places.
In this episode:
– Why headline EM returns can mask strong tech-led performance
– How stripping out banks/energy/SOEs changes the EM picture
– What a weaker dollar means for global rebalancing out of U.S. equities
– Where growth actually lives: names like TSMC, Alibaba, Tencent, Mercado Libre
– How to think about EM “growth factor” exposure alongside broader EM allocations
Lead-Lag Live brings you inside conversations with the financial thinkers who shape markets. Subscribe for interviews that go deeper than the noise.
#LeadLagLive #EmergingMarkets #Investing #GlobalEquities #USDollar

Start your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!
Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEs
Spotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V

Support the show

  continue reading

Chapters

1. Narratives vs Numbers: Brendan Ahern on EM Growth, Dollar Flows, and What Investors Miss (00:00:00)

2. The US Equity Domination Narrative (00:01:17)

3. Extracting Growth from Emerging Markets (00:04:07)

4. Dollar Weakness Changing Global Dynamics (00:09:20)

5. KEMQ Performance and Differentiation (00:12:48)

6. Where to Find CraneShares Research (00:14:27)

840 episodes

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