Economics
World-Beating EM Stocks Rally Poses No Red Flag for This Fund
- EM rally can run two more years, Dubai-based fund manager says
- China is ‘gorilla in the room’ for emerging-market investors
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Is there an end in sight to the surge in emerging market equities that’s pushed their performance ahead of developed markets?
Terra Nova Capital Advisors Ltd. says this year’s 29 percent advance that’s sent the MSCI Emerging Markets Index to its highest level since 2011 will endure for two more years as declining debt levels in developing economies leads to sustainable economic growth.