Clay Finck chats with James Fletcher about ESG investing, emerging markets, why emerging markets might outperform the US markets over the coming years, James’ investment process, the role of cash in a portfolio, what the Young Investors Society is doing to provide financial literacy education, and much, much more! James Fletcher is the Founder of Ethos Investment Management. Previously he was Director and Senior Portfolio Manager of the EM small and mid-cap equity strategy at APG Asset Management where he managed a $1bn AUM fund investing with a long-term, active portfolio approach to invest in high-quality businesses with strong ESG integration. He previously worked as Senior Portfolio Manager of EM Equities at Kayne Anderson Rudnick, where his EM fund was Morningstar 5-Star rated. Previously James was Senior Analyst at Westwood Global Investments. James is a CFA charterholder. He is also the founder of the global non-profit, Young Investors Society. James has an undergraduate degree in Finance from Brigham Young University and is fluent in Portuguese and proficient in Spanish and has lived in Brazil and Hong Kong. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 08:22 - What is ESG investing? Why is it important? 16:22 - How ESG investing affect long-term returns 19:34 - What are Emerging Markets? Are Emerging Markets Undervalued? 26:02 - What Emerging Markets James’ fund invests in 31:57 - Problems that companies in China are currently facing 38:03 - Key areas of focus in James’ investment process 41:17 - How James thinks about the role of cash in a portfolio 44:54 - Young Investors Society and how it teaches financial literacy to youth 📌 Get your first 3 months of investment management with Titan for zero fees! https://www.titan.com/TIP ✔️ Subscribe to Millennial Investing podcast show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/millennial-investing/are-emerging-markets-undervalued ▶️ RELATED EPISODES: - MI029: Emerging Markets And Small-Cap Investing w/ James Fletcher: https://www.theinvestorspodcast.com/millennial-investing/mi029-emerging-markets-and-small-cap-investing-with-james-fletcher/ - MI103: China, Emerging & Frontier Markets w/ Kevin Carter: https://www.theinvestorspodcast.com/millennial-investing/china-emerging-frontier-markets/ 💡 OTHER RESOURCES - Robert and Clay’s tool for picking stock winners and managing our portfolios, TIP Finance: https://www.theinvestorspodcast.com/tip-finance/ - Check out our Investing Starter Packs about business and finance: https://www.theinvestorspodcast.com/mi-starter-packs/ - Check out Ethos Investment Management: https://ethosinvest.com/ - Check out Young Investors Society: https://yis.org/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸 Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦 Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.