News releases

Multi-Asset Insights: Value in emerging markets, but concentrated

Emerging market equities have had a difficult time over the last few months. In USD terms, the 12 month return to 31 March 2014 for the MSCI World index was 19.7% compared to -1.1% for the MSCI Emerging Markets index

23/04/2014

Johanna Kyrklund

Johanna Kyrklund

Global Head of Multi-Asset Investments

Urs Duss

Urs Duss

Head of Multi-Asset, Switzerland

Emerging market equities have had a difficult time over the last few months. In USD terms, the 12 month return to 31 March 2014 for the MSCI World index was 19.7% compared to -1.1% for the MSCI Emerging Markets index. As fund manager sentiment has turned extremely negative according to surveys such as the BAML Global Fund Manager, the question becomes whether this pessimism offers a good investment opportunity.