One to Watch: Somerset EM Dividend Growth

ONE TO WATCH

In the next instalment of a new series of articles, FE Research selects another hidden gem fund.

Emerging markets have had a difficult time of late, severely underperforming developed markets in light of slowing GDP growth and worries over valuations and tapering in the US. The long-term case for investing in fast-growing regions such as China and Brazil remains intact however, and, for those with a long-term time horizon, funds that focus on emerging markets remain very much on our radar. The biggest players in the IMA Global Emerging Markets sector in recent years have been First State and Aberdeen, whose stellar performance during much of the 1990s and 2000s has led to strong ...