Portfolio Manager Matt Culley discusses how the pace of innovation is expanding within emerging markets – particularly in technology, finance and health care – creating both significant business opportunity and the potential for massive social impact.
- Innovation is expanding rapidly in emerging markets and being used to address critical social challenges in these regions.
- For example, tech companies in India are creating a digital health care ecosystem that solves for doctor shortages and broadens access to medicine. In China, startups are developing affordable and highly effective cancer screening kits.
- These developments not only create business and investment opportunities, but also have the potential to make a significant social impact, not only in emerging markets, but on the world at large.