Sharing ideas is at the heart of everything we do.

Members of our Ideas Factory share their latest investment thinking through three publications:  

WorldWatch’ provides timely insight into topical macroeconomic and geopolitical issues from around the world.

White Papers’ offer in-depth analysis of the ideas and themes that drive our investments.  

'Outlook' is a regular update on how our investment experts see markets and economies.  

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Globe WorldWatch

Webinar: EM - The next leg of outperformance

Looking through 2026 and beyond, the setup for EM equities has rarely been stronger. Earnings momentum is improving, relative fundamentals are inflecting and the macro backdrop is favourable, yet the asset class remains attractively valued and under-owned. Even after significant gains in 2025, we believe this combination supports a multi-year opportunity set in EM, with scope for strong absolute and relative returns. Please join us for a webinar discussing these trends and how we are well placed to benefit through the key themes in our portfolios. 

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Emerging markets under Trump: embracing the volatility

We believe that Trump’s election victory is an enormous opportunity as we cross the Rubicon into a more volatile, polarised world. This investment environment will likely be characterised by increasing uncertainty, event-risk, and a divergence in performance between relative winners and losers. In short, it should suit truly active, contrarian and agile investors such as TT. In this piece, we discuss some of the scenarios that markets may be overlooking, and therefore where opportunities could lie, before outlining some potential EM winners and losers from a Trump presidency.

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Papers White Paper

Emerging Markets in the age of AI

Since we began managing Emerging Market equities 15 years ago, the asset class has transformed dramatically. What was once an opportunity set dominated by commodities, banks and low-cost manufacturing is now increasingly defined by AI infrastructure and internet platforms. This evolution is critically important because it places Emerging Markets at the centre of the largest investment cycle in a generation. In the following piece, we discuss how this occurred, the durability of the cycle, and the implications for portfolio construction. 

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Reflections on inflections: 15 years of TT’s Emerging Markets Equity Strategy

As we mark the 15-year anniversary of our flagship Emerging Markets Equity Strategy, which has achieved top-decile performance versus peers since inception, we have rarely been more optimistic on the asset class.

Earnings momentum, relative valuations and macroeconomic fundamentals all point to a period of strong performance for EM equities. However, in an increasingly fragmented global backdrop, outcomes will diverge significantly between countries, sectors and companies. Dispersion at the stock level within emerging markets is near its highest level in decades, creating a particularly rich environment for active stock selection.

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Market Outlook

Q1 Asia Outlook

Latest Asian economic and market outlook. 

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Q1 Emerging Markets (Core) Outlook

Latest Emerging Markets (Core) economic and market outlook. 

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Q1 Emerging Markets (Unconstrained) Outlook

Latest Emerging Markets (Unconstrained) economic and market outlook. 

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Q1 UK Outlook

Latest UK economic and market outlook. 

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Q1 Global SMID-Cap Outlook

Latest Global SMID-Cap economic and market outlook. 


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Q1 EM Debt Outlook

Latest EM Debt economic and market outlook. 

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