29 January 2020
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Dimitry Griko of EG Capital Advisors
Over the past year or so, investors may have read numerous articles by emerging market (EM) equity fund managers highlighting the current low valuations in their asset class and why this makes it an attractive investment case.
It is certainly the case that EM equities currently look cheap compared to its developed counterpart on pretty much every metric, whether that is EV/EBITDA (enterprise value-to-ebitda), P/E (price-to-earnings)...
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