mast image

Special Report

Impact investing

Sections

Emerging beat developed markets in 2001

GLOBAL – Global emerging markets outperformed their developed market counterparts as a whole last year and only declined marginally in dollar terms, despite caution among emerging market fund managers.

Standard & Poor’s, publisher of the data, says this is a reversal of trends as emerging markets have generally exaggerated the market movements of the developed world in the past.

According to S&P, this is because investors are still cautious about earnings prospects in developed markets whilst valuations for companies among emerging economies have proved more resilient.

But this hasn’t stopped fund managers investing in emerging markets showing caution. S&P says there has become evident as there is a lower tracking error against the major emerging market indices. The error, normally around 8%, fell to 5% last year.

Asia has performed better than other regions in attracting investors, says S&P. Asian exposure has increased from 47% in 2000 to 52% last year. But S&P points out that Asia has greater weightings in global indices and this may explain its continuing dominance. Latin America dropped slightly to 23% whilst EEMA was steady at 21%.


Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2548

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 300-400m.
    Closing date: 2019-07-30.

  • QN-2549

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 300-700m.
    Closing date: 2019-07-30.

  • QN-2550

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2551

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2552

    Asset class: Fixed Income, High Yield (Active).
    Asset region: High Yield (US).
    Size: CHF 500-600m.
    Closing date: 2019-07-29.

  • QN-2553

    Asset class: Fixed Income, High Yield (Passive or Passive Enhanced).
    Asset region: High Yield (US).
    Size: CHF 500-1'100m.
    Closing date: 2019-07-29.

  • QN-2554

    Asset class: Global Real Estate (Equity, unlisted Funds).
    Asset region: World (ex-Switzerland).
    Size: CHF 200 mn (potential for further growth).
    Closing date: 2019-08-07.

  • QN-2556

    Asset class: FX Hedging.
    Asset region: Global.
    Size: Mandate size of CHF 1.5 bn.
    Closing date: 2019-08-09.

  • QN-2557

    Asset class: All/large Cap Equities.
    Asset region: China A-shares.
    Size: Unit linked platform (0m USD in initial investment).
    Closing date: 2019-08-01.

Begin Your Search Here
<