ISAPF - Optimism Capped By Renewed US-China Tensions In May
Emerging market equities advanced overall in May as investors welcomed a gradual easing of coronavirus-related lockdowns in several parts of the world. However, renewed US-China trade tensions capped some optimism. Our Emerging Markets Equity team examines these and other events shaping markets in May, and shares its latest investment outlook moving past COVID-19.
Three Things We're Thinking About Today
- The COVID-19 outbreak has heightened global concerns of excessive dependency on China's manufacturing sector and led governments in many countries to incentivize companies to shift their manufacturing base back home. While we have already seen higher