PCY, which tracks the DBIQ
Emerging Market USD Liquid Balanced Index and holds dollar-denominated
emerging markets debt, is up 11.39% this year.
Last week was the worst for
emerging market currencies since the Turkish lira crisis last summer.
Discussing the macro-economic trends, the report noted that
emerging market growth has moderated in recent years as economies mature and are more exposed to external cyclical factors.
On the creations side,
Emerging Market funds took in over 38% of inflows.
State Street Global Advisors,which manages $2.8 trillion of clients money, is seeing some value in
emerging market bonds, and expect asset managers to buy back
emerging market bonds when they re-balance their portfolio at the end of third quarter.
KARACHI -- It was not very long ago when the Pakistan Stock Exchange (PSX) dominated the $121-billion MSCI frontier market by having 10% weightage before it left in June last year to join the prestigious $5.3-trillion
emerging market club.
The Saudi Stock Exchange (Tadawul) is pleased to announce today that MSCI, a leading provider of global equity indices, upgraded the Kingdom of Saudi Arabia to '
Emerging Market' from its previous 'Standalone Market' status in its Annual Market Classification Review, Wednesday (6/20).
Qatar leapt past Chile to rank as the number two
emerging market for countries with less than $300bn annual GDP.
Those who are willing to bear additional risk might turbocharge their returns with
emerging market bond funds, an often ignored slice of the fixed income sector that lately has delivered a combination of high yield and high total returns.
The coming year is fraught with volatility and risks, but sentiment on
emerging market equities could turn more positive in 2017 as investors search for higher yields and improve their risk perception, said the chief investment officer at Templeton
Emerging Markets group.
Art by Kyle SteckerOver thhistory,
emerging market equities have presented an investment puzzle.