Prices of commodities are surging despite the fact that economies, many of them still in the grip of lockdowns, are still far from full recovery from the pandemic.

Most financial experts agree that it’s easier to earn money than it is to hang on to what you earn… and make it grow. This is because most people are too busy making money to afford the time to build up the knowledge and judgement that is needed to invest their capital for maximum return at minimum risk.

Whether inflation proves to be sustainable or not, historic evidence is that in such environments, portfolios of low price-to-earnings ratios outperform, says NTAsset’s Kenneth Ng. The fund is a specialist in small/midsized Southeast Asian and Indian shares. It is confident that its holdings will deliver almost a doubling of earnings over the next three years.

Emerging markets offer many attractive firms that offer growth regardless of conditions in their domestic economies, say New York asset managers Jennison Associates.