With global growth accelerating, emerging market (EM) corporate fundamentals continue to improve. Moreover, EM corporate bonds offer attractive valuations in the current low-yield environment.
Country is an EM favourite
Added to MSCI Emerging Markets index
Many countries did not reflate alongside China
Financial performance in focus
We are cautiously optimistic about emerging market (EM) equities this year. Valuations are reasonable and risks look to be largely contained.
Oil price stability also key
China becoming a 'normal stockmarket'