JPM AM's Hugh Gimber: Thinking more broadly about EM stocks

Client demand into region rising

If client conversations over recent months are anything to go by, it seems that many investors are losing faith in the emerging markets.

Stronger economic growth relative to more developed economies has largely failed to translate into stronger equity performance, with EM stocks lagging their developed world counterparts by around 4% annualised over the past decade. Many of the current concerns are centred around the outlook for China. JP Morgan AM's Hugh Gimber: It is too soon to celebrate a soft landing After a strong start to 2020 - when China was initially assumed to be first in, and therefore first out, of the Covid pandemic - investor confidence has been hit by a laundry list of headwinds. Beijing's focus o...