Emerging markets

Removal of 4% charge

Moves from overweight to underweight position

How have emerging markets dealt with the pandemic?

"The bottom line is that this will pass"

Gary Greenberg to retire in 2022

Emerging markets have underperformed global and developed market indices over the past ten years, in spite of having greater opportunities for earnings growth.

Avoids countries with existing difficulties

Governance structure formalised

China’s five-day May Day holiday was the first big test of domestic demand - and particularly tourism - since Covid-19 lockdowns started being lifted. We take a close look at China’s journey back towards normality and highlight some of the bright spots that we are seeing on-the-ground.