Globalization has slowed, yet access to local markets is improving, and the EM asset class remains underrepresented in most global portfolios. In this episode of the EM Lens podcast, Rich Nuzum, executive director and global chief investment strategist at Mercer, joins Damian Sassower, Bloomberg Intelligence chief emerging market fixed-income strategist, to discuss the Mercer’s affinity for emerging market assets and their role within large institutional portfolios. Globalization has slowed, yet access to local markets is improving, and the EM asset class remains under-represented in most global portfolios. Nuzum and Sassower touch on supply chain diversification, demographics, total return expectations and terms of trade.