Focusing on the hubbub over emerging market elections means investors will miss the best opportunities. Take China and Korea, which stand out as value havens, says M&G's Matthew Vaight.
Reform is the new buzzword in emerging markets, and excitement about positive changes has been a powerful driver of emerging stock markets lately. India is the most striking example of this trend. Share prices soared in anticipation of the election of well-known reformist Narendra Modi as the country's new Prime Minister. The Brazilian stock market has also climbed recently. With the economy struggling and inflation creeping up, investors are hopeful that the forthcoming election could lead to a change of direction and a brighter economic outlook. Proposals and delivery These ef...
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