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As globalization fades, investors find new opportunities in emerging and developed markets.
In the final piece of a three-part series, we explore the impact of deglobalization on global markets and businesses, as the global economy shifts from the NICE era to a new era of deglobalization. Companies and policymakers are prioritizing resilience and security, creating new risks and opportunities for investors. India and Vietnam are top-ranked for diversifying manufacturing exposure, and other countries like South Korea, Kenya, Thailand, Indonesia, Poland, Germany, Mexico, and the United States are also well-positioned to benefit. Active managers must understand the broad range of affected markets, regions, sectors, and companies and keep an eye out for the butterfly effect. As inflation pressures reassert themselves, new opportunities will arise from around the world.
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