The Covid-19 crisis is weighing on global growth and corporate earnings, with negative effects on the outlook for emerging markets (EM) pushing many countries in recession.
Emerging markets have underperformed global and developed market indices over the past ten years, in spite of having greater opportunities for earnings growth.
Countries such as Mexico and Colombia affected
Laying the foundations for a market rebound
Saudi/Russia disagreement has had 'huge impact' on markets
In a world of slow yet steady, non-inflationary economic growth, interest rates are likely to remain at relatively low levels over the medium term.
While valuations in emerging bond markets may look fairer after solid performance in 2019, we believe various factors remain supportive to the outlook.
Looking back at the past to predict the market of tomorrow
At the start of 2020, there are grounds for investors to be optimistic.
AUM forecast to double by 2025