Narratives vs Numbers: Brendan Ahern on EM Growth, Dollar Flows, and What Investors Miss

In this episode of Lead-Lag Live, I sit down with Brendan Ahern, Chief Investment Officer at KraneShares, to separate narrative from data on non-U.S. and emerging markets. From index-construction quirks to the impact of a weaker dollar, Brendan lays out why headline EM returns can hide powerful growth — and how investors might be looking in the wrong places. In this episode: – Why headline EM returns can mask strong tech-led performance – How stripping out banks/energy/SOEs changes the EM p...