After some volatility during the summer, Q4 2019 added to the rising tide experienced by European equity markets since the dip in late 2018.
As we think about 2020, the biggest concern in emerging markets (EM) revolves around the contagion risks linked to US-China trade negotiations and possible knock-on effects of a divisive US election year.
Active funds took 'brunt of selling' during the month
2019 proved to be a strong year for equity investors.
Equities, bonds, gold, even Bitcoin, along with a range of other assets, have chalked up big gains since the US Federal Reserve made a sharp policy U-turn by cutting interest rates in response to slowing economy last autumn
Major indices rocked by growing threat of pandemic
At the start of 2020, there are grounds for investors to be optimistic.
Predicts virus will be contained in March