We believe the move of US dollar/Chinese renminbi above seven during early August is symbolic, and the country has explained it is in response to the US-imposed tariffs on Chinese goods.
Argentinian 100-year bonds down 30% over last week
What risk factors should investors look out for?
India's MSCI weighting will become smaller
Founding partners release 3.3% equity to partners
Spread of new technologies
Global and emerging markets launches
We are seeing a new bout of deterioration in fundamentals, with earnings revisions worsening and PMIs back on a declining path across emerging markets (EM).
Emerging markets have generally performed well over the last three years; the MSCI Emerging Markets index has returned over 30% during the period and we believe the asset class still has significant potential to grow.