Dara White is a director and senior equity portfolio manager with the international equity team at Columbia Management Investment Advisers, LLC (CMIA). Mr. White joined the firm in 2006 and has been a member of the investment community since 1998.
Prior to joining the firm, Mr. White was a portfolio manager and analyst with RCM Global Investors.
Mr. White earned his B.S. degrees in finance and marketing from Boston College. He is a member of the CFA Institute and the Security Analysts of San Francisco and holds the Chartered Financial Analyst designation.
As emerging markets investors, we like Asia because of its strong reform momentum and the depth of its stock market. Rising interest rates will be good for exports and Asia’s earnings story. Valuations, inflation rates and current accounts are at levels close to where they were from 2001 to 2005, the best period for emerging
Despite continuing headlines of concern, EM markets have rebounded recently. In order to sustain that rally, we need to see progress on export volumes and political/economic reforms. While not universally cheap, EM equity valuations are not unreasonable and we continue to find bottom-up opportunities. A month ago, much of the news from the emerging markets
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