Five years ago, the exact opposite was true. The Global Emerging Markets Index returned 25.4% while the equivalent number for the MSCI World Index was -0.2%.
At our recent Portfolio Adviser Emerging Markets event, speakers from Aberdeen, Baillie Gifford, Invesco Perpetual, JP Morgan, Lazard, M&G and HSBC all made their case on behalf of not just EM equities, but also debt, as both local currency and dollar-denominated issues have made great headway recently.
Challenges that remain across all emerging markets – erroneous or otherwise – as well as how to work round them using either equity, bond or multi-asset propositions were discussed.
