Grantham Mayo Van Otterloo & Co (GMO) has increased its forecast returns for emerging market equities, as the asset allocation team predicts the market is overestimating the long-term impact of the trade war between the US and China, while falls in US equities are expected to deepen.
According to the investment firm's Q4 seven-year asset class real return forecasts, emerging markets continue to offer the best value across both equities and fixed income. Emerging market equities...
Songs from writers Johntá Austin, Sean Garrett and Rico Love
Analysts in bullish mood
Uncertainty has resulted in 2% less growth
Expected to complete in Q2