April 21, 2021

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UBS picks 19 emerging market stocks as ‘winners’ this year

1 min read

Brazil right now is in the middle of a “credit revolution,” Cramer said. That’s why he likes some of the country’s banks, including Banco Bradesco.

Photo: Mauricio Lima | AFP | Getty Images

UBS has identified 19 stocks in emerging markets that are poised to perform strongly over the next 12 months, capitalizing on the trend of sustainable investing.

More than $30 trillion of global assets under management is invested in environmental, social and governance (ESG) strategies, according to the Global Sustainable Investment Alliance, a collaboration of membership organizations focused on sustainable investing.

In a note Monday, UBS analysts highlighted that despite their growing global popularity, sustainable strategies account for less than 1% of assets under management in emerging markets.

However, they suggested that momentum is picking up, and these stocks are best placed to capitalize on it:

2021-04-01 03:05:00

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