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Emerging economies represent bigger and bigger weightings in many investors' international portfolios. No serious investor can now afford to overlook China, Russia, Brazil and India. Moreover, emerging country companies now represent over 13% of the MSCI AC World. But the actual notion of emerging or developed markets is less and less relevant. We are now moving towards an approach which ranks countries in terms of investment potential, a positive development stemming from the debate over government debt.
Are Emerging Markets managing to outperform?
Outperformance has in the past been engendered by high earnings growth, driven by the largest emerging market economies. However, markets in both the emerging and developed zones have been...
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