Kevin Carter: Emerging Market ETFs | SALT Talks #247

Kevin Carter is the Founder & Chief Investment Officer of EMQQ. In this episode, Kevin shares is introduction to emerging markets where he’s a leader in the space. He analyzes the exposure to Chinese state-owned companies within ETFs and potential risks. He explains the unique advantages emerging markets enjoy due to the lack of legacy tech infrastructure seen in more advanced countries like the United States. Carter offers his investment outlook in India and Latin America, and lays out his approach to measuring a company’s growth. While he considers himself an active “value” investor first and foremost, he has collaborated with Princeton economist and indexing legend, Dr. Burton Malkiel, for more than 20 years. Their work together began in 1999 with the development of eInvesting, a pioneer firm in fractional share brokerage that was acquired by ETRADE in 2000. In 2002 they founded Active Index Advisors, a pioneer in so-called “direct indexing” that was acquired by Natixis Asset Management in 2005. In 2006, their efforts turned to China and Emerging Markets with Dr. Malkiel’s publishing of “Investment Strategies to Exploit Economic Growth in China” and the subsequent book From Wall Street to the Great Wall. Working with Guggenheim Partners, they launched several China focused ETFs on the NYSE. TIMESTAMPS 0:00 - Intro and background 5:45 - Emerging markets 7:48 - Advice to young investors 10:27 - Exposure to emerging markets through US companies 12:52 - State-owned companies in ETF’s 17:00 - Smartphones in emerging markets 20:25 - Technological leapfrogging in emerging markets 23:20 - Super apps 28:26 - Chinese government crackdowns and investor concerns 42:15 - Investing in India 44:48 - Investing in Latin America 48:12 - Measuring growth Registration for SALT New York is now open! Join us September 13-15, 2021 and sign up at https://register.salt.org/event/411f7... SALT Talks provides a window into the minds of noteworthy business leaders, policy experts and innovators shaping the future. To learn more about this episode, including podcast transcripts and show notes, visit https://www.salt.org/ Listen and subscribe on the platform of your choice: YouTube:    / salttube   Apple: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/3HGRcJU... Follow SALT on social media: Twitter:   / saltconference   Instagram:   / salt   LinkedIn:   / salt-conference   Moderated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC. #SALTTalks