Emerging market equities and bonds will outperform US assets over the next seven years, according to forecasts from GMO, which believes the current sell-off in developing country stocks on fears over the potential impact of Donald Trump's presidency are unjustified in the long term.
According to the investment firm's Seven-year asset class real return forecasts, emerging market stocks will generate an annual return over seven years of 4.4%, far outperforming a projected 3.1% annual...
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