Bloomberg Surveillance · Wednesday, September 23, 2026
Gargi Chaudhry explains that emerging markets (EM) have shifted significantly towards AI, with China, Korea, and Taiwan being the largest components. She notes that this 'new EM' offers substantial earnings growth, projected at 44%, and is driven by AI, making it an attractive investment avenue.
“Right now, today, the new emerging market, when you look at the composition of something like IEMG, which is our iShares EM ticker, it's very much pivoted towards the AI name.”
“The three biggest components of that are China, Korea, and Taiwan. And what you're getting there is a lot of earnings growth. And a huge amount of AI.”
“So we are, because we're convicted on the AI theme, we're definitely telling investors EM is another way. It's a new EM. It's not the old EM. It is going to give you earnings growth of 44% that you didn't get in the past.”