Developed world half as effective as EMs show signs of decoupling

Emerging market equities displaying increasing signs of decoupling from West as investors lose significantly less money in Feb 09 than in developed markets

In the three months to the end of February 2009, emerging markets equities showed increasing signs of decoupling, with investors losing significantly less money than investors in developed markets. The median global emerging markets fund lost 5.9% in this period, compared with the median global developed markets fund, which lost 11% - almost twice as much. This reflects the significant outperformance of emerging markets relative to developed markets (S&P/IFCI Composite -4.6% against S&P Global 1200 -15.6%, all figures in dollars). At regional level, Asia and Latin America held up relati...