After several years of disappointing returns, emerging-market (EM) equities are regaining interest, attracting flows and outperforming their developed-market (DM) counterparts this year. For investors thinking about adding EM exposure, we offer seven factors to consider. (more…)
It’s not easy for investors to grasp the dynamics of consumer spending in diverse emerging markets. We think the best way is to look inside the refrigerators of people across the developing world. (more…)
The notion that China’s currency, the renminbi (RMB), is on a long-term path of appreciation appears in question after its sharp decline since February. We think that the setback is only temporary—and that the currency will resume its climb in a few months.
Emerging markets have fallen from favor, but does that mean investors should avoid them entirely? We don’t think so.
For many years, the rise of the middle class in emerging markets has captivated the imagination of investors. We think this is an illusion. It’s the working classes who will be the real engines of consumer growth in developing countries. (more…)
As the drama of the political showdown over embattled Ukraine plays out, bond investors face less-publicized concerns over the fate of their Ukrainian investments and a potential bailout. But a bailout may not be all good news for investors.
Stock markets in emerging markets (EMs) have gotten off to a rough start this year after a challenging 2013. Valuations have fallen and volatility remains high. So should investors add exposure to emerging markets—or is it better to steer clear? (more…)
By Henry D’Auria (pictured) and Morgan Harting
Why have some equity markets in the developing world flourished more than others? It’s a pivotal question for investors hoping to stake an early claim to the potential emerging-market (EM) success stories of the next decade. (more…)
Forecasting is never an easy task. In the complex and fast-moving world of emerging markets, it’s particularly difficult. We believe investors would benefit from adding a broader approach to their research toolbox. (more…)
Emerging-market (EM) sovereign bonds were burned badly in 2013. Will they rise from the ashes in 2014? We believe some will and some won’t. The watchword for 2014 will be selectivity. (more…)