India, Mexico, Korea may gain from global trade reset: Oppenheimer strategist

India, Mexico, South Korea may gain from global trade reset, according to analysts at Oppenheimer Asset Management and several leading investment firms. The shifts come amid growing uncertainties in U.S. economic policy, the changing trajectory of the U.S. dollor and renewed investor interest in undervalued and structurally sound markets. The MSCI Emerging Markets Index has posted strong gains in 2025, rising nearly 17% outpacing the S&P 500 as investors poured into equities and bond across emerging economies. 

India has emerged as a standout performer with financial experts citing its strong macroeconomic fundamentals, structural reforms, and favorable demographic profile as key growth drivers. Firms such as Emkay Global Financial Services, Bank of America, and JPMorgan have identified India as the most promising long-term bet in the emerging market space. 

"India is poised to gain the most from the reordering of global capital flows," said a strategist at Emkay Global. "We expect continued foreign institutional investment (FII) inflows, driven by attractive valuations and a solid growth trajectory."

Meanwhile, Mexico is being seen as a tactical play for investors amid the nearshoring boom and its geographical proximity to the United States. Analysts point to a favorable environment for manufacturing and trade, despite recent concerns about U.S. tariff policy shifts.

South Korea is also drawing renewed investor interest, particularly in its technology sector, which stands to gain from global capital flows and a softer U.S. dollar. The country’s strong export orientation and innovative industries are making it an attractive alternative to more volatile markets.