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Emerging markets ((EM)) equities have not been immune to the pandemic's global economic shock, suffering along with other risk assets. Yet some EMs have fared better than others - and we see signs that there may be opportunities emerging.
Disparities In EM Returns As Of 4/28/20
The MSCI EM Index is down roughly 20% year-to-date as of April 28, yet individual EM performance (based on MSCI IMIs for each country) has not been uniform. For instance, EMs in North Asia have performed much better than those in Latin America. China, one of the best-performing markets