In this episode, we explore Mobius Investment Trust PLC. We discuss how valuations have reached extreme lows, creating potential for significant rerating in EM equities. Key drivers such as advancements in AI and higher GDP growth in emerging regions are highlighted, alongside the cautious stance on direct China exposure due to geopolitical tensions. The investment strategy focuses on a select portfolio of quality midcap companies, emphasizing corporate culture and governance as critical risk factors. Ultimately, the podcast underscores the importance of disciplined investment, pointing to specific opportunities in the evolving landscape of emerging markets.