In this session, Tarlock Randwaha explores why global emerging markets may be at an attractive point in the cycle, while offering meaningful valuation discounts versus developed markets. Randwaha will also highlight the potential diversification benefits of investing in EM equities, outlining an evidence-based, systematic investment philosophy, centred on four measurable characteristics – profitability and growth, relative value, earnings revisions, and price momentum – and how this process has been applied over many years by an experienced, closely-aligned team.