July 11: Ignore the bad news on emerging markets (IFR Asia)
July 24, 2013
Truth is, emerging markets haven’t just been bad but are likely to get worse, especially in comparison to developed markets. The bigger truth, however, is that most investors should simply ignore this and stick with their strategic allocations in order to get the benefit of diversification.
First I will make the medium-to-long-term bear case against emerging markets. Then I’ll explain why you probably shouldn’t really care.
There are plenty of things not to like about emerging markets...