Projit Chatterjee, co-portfolio manager of the UBS Emerging Markets Equity Income fund, tells Joanna Faith what has helped and hindered his recent performance.
What has been the average payout ratio of MSCI EM companies over the last 10 years? Emerging markets (EMs) offer a stable dividend payout, having typically paid between 30%-50% of their earnings over the past ten years as dividends. EM companies have the ability to pay sustainable dividend payments, with low debt levels and cash on their balance sheets; having restructured following the Asian crisis in the late 1990s. In more recent times, companies within this asset class have demonstrated dividend discipline by raising their payout ratios in order to maintain consistent dividends...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
