Edward Lam: The biggest problem in emerging markets right now is finding something to sell

clock • 5 min read

Edward Lam, lead manager of the Somerset Emerging Markets Dividend Growth fund, takes a closer look at whether EMs can keep up their impressive run.

2017 marked the second calendar year in a row where emerging markets outperformed developed markets. The MSCI Emerging Markets index had its best year since the rebound of 2009 last year, returning 37.3% in dollar terms compared to 22.4% from the MSCI World index.  A key question clients are asking at the moment is whether or not the asset class can keep up its impressive run; is this just another cyclical rally, or are we in a bull market? Somerset Capital launches feeder fund for flagship vehicle Many are sceptical, and while I am sympathetic to the cautious, I believe now is no...

To continue reading this article...

Join Investment Week for free

  • 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
member?

Login

More on Emerging markets

 William Blair's Todd McClone: Divergent paths between China and India

William Blair's Todd McClone: Divergent paths between China and India

Dominant emerging markets

Todd McClone
clock 16 May 2024 • 4 min read
Partner Insight: Remaining optimistic on emerging markets

Partner Insight: Remaining optimistic on emerging markets

Is it time to abandon emerging markets?

Rasmus Nemmoe, Portfolio Manager at FSSA Investment Managers
clock 13 May 2024 • 10 min read
Ninety One's Nicholas Jaquier: A letter from Argentina

Ninety One's Nicholas Jaquier: A letter from Argentina

The reforming frontier-market economy

Nicolas Jaquier
clock 10 May 2024 • 4 min read
Trustpilot