Where now after a 'Nifty Fifty' moment for emerging markets?

Boosted by Chinese tech stocks

Chady Jouni of Barclays Investment Solutions

Chady Jouni of Barclays Investment Solutions

The bull market of the early 1970s in the US was largely driven by a group of 50 'blue-chip' growth stocks called the 'Nifty Fifty' and included companies such as Xerox, IBM, Coca-Cola and Polaroid.

They were famously deemed as a 'one decision' trade to be bought and never sold. Their valuation reached an average P/E of 42x in 1972 before falling significantly from 1973, following the end of the...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Emerging markets