Given their valuations, Darius McDermott believes emerging market equities could still offer more than their developed market counterparts in 2018 - so long as investors gain the right exposure
The ups and downs of the last week notwithstanding, emerging market equities have comfortably outperformed developed markets over the last 18 months or so. More importantly, given their respective valuations, I would argue emerging market equities could still offer more bang for your buck than their developed market counterparts in 2018 - just as long as investors tread carefully and gain exposure to the right sectors. First, let's consider the economic backdrop. Asia, emerging Europe and Latin America are all significantly contributing to real GDP growth, which - at 4.8% - is now the...
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