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…
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