South Korea Tipped to Rebound Once War’s Impact on Markets Eases

South Korea, home to key players in the AI supply chain, could rebound once the market impact of the war subsides, according to Andrew Mathewson, a portfolio manager at ClearBridge Investments, Sabrina Escobar reported for Barron’s Daily.

So far, there has no major change in outlook on Korean semiconductor firms SK Hynix and Samsung Electronics despite current volatility. (Photo: RELIANT)

Mathewson said he continues to hold shares in Korean semiconductor firms SK Hynix and Samsung Electronics, as well as Taiwan’s TSMC, noting no major change in outlook despite current volatility.

Latin America is also attracting attention as a potential hedge against Asia’s oil shock.

Although the iShares Latin America 40 ETF has declined 11% this month, analysts see value in the region’s equities, particularly in oil-exporting countries.

Goldman Sachs analyst Alberto Ramos noted that higher oil prices tend to support growth in exporters such as Brazil, Colombia, and Argentina.

He recently raised his 2026 GDP growth forecast for Brazil. While Brazil’s ETF is down 9.5% this month, it remains up 10% for the year. Colombia and Argentina ETFs have also outperformed broader emerging markets.