Spent 13 years at Pictet
Industry Voice: The sell-off in emerging markets this year has created a more favourable environment for Asian income funds, allowing them to deliver strong returns relative to the index and display their ability to mitigate risks to investors' capital....
US interest rate rises, international trade tensions and local currency volatility have remained key concerns in emerging markets (EM).
Impact of recent market correction
Elections and currency woes
After very strong returns in 2016 and 2017, emerging market debt (EMD) has underperformed this year amid intensifying concerns around trade protectionism, bear-flattening of the US Treasury yield curve, a strengthening US dollar and idiosyncratic issues...
Eighth fund for firm
Second ESG-focused offshore fund
Geopolitical impact on global markets
It has been a challenging year for emerging markets (EMs).
INDUSTRY VOICE: After a volatile month for emerging markets in aggregate, and for Argentina in particular, it is worth revisiting what has happened.
Increase in 'crossover' economies
Emerging markets (EM) have endured a tricky spell this year as the impact of US trade policy changes and slightly weaker earnings than expected rocked the sector.
India and China funds struggle
Successful entries prompt weighting increase
Index provider predicts passive inflows of $10bn
Follows 'overwhelming positive' feedback
Also unveils trust IPO raised £100m
Fell 5.1 percentage points
One of the biggest concerns for emerging markets investors will always be political risk. The relative stability of developed markets in Europe and North America - although notably even that cannot be taken for granted right now either - is not a luxury...
Trade disputes, dollar strength and extensive currency depreciation in Argentina and Turkey (both with large current account deficits) have weighed on emerging market (EM) sentiment in recent months.