Key takeaways from the interview:
Mexico: “Looking at the agenda of President-elect Andrés Manuel Lopez Obrador, there could be positive surprises for the markets. Therefore, the recent weakness in Mexican assets is overdone and we see some buying opportunities.”
China: “There is no credit crisis in China nor do we expect a hard landing. It's just a cyclical slowdown.”
Emerging markets: “In the short term, the challenging environment for emerging markets equities will persist. But in the medium to longer term, emerging market equities are still cheap.”
Industrial metals: “Our medium to longer term outlook is not that bright, as industrial metals are very exposed to China’s declining ‘old economy’.”
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