FLBR News and Press, Franklin FTSE Brazil From 08/22/23

2023-08-22 07:35:31 ET BRICS leaders, who are looking to transform their group into a geopolitical force that could threaten the West's dominance on the global stage, have converged for a three-day summit in South Africa that began on Monday. A notable exclusion is Russian...

2023-08-12 05:30:00 ET Summary The slowdown in growth that had been more prominent in developed markets is now hitting emerging markets going into the second half of 2023. July's PMI data showed emerging markets expanding at the slowest pace in six months, supported chiefly by ser...

2023-08-09 23:45:00 ET Summary A further cooling of a recent revival of service sector growth, which had been buoyed by a post-pandemic tailwind of increased spending, waned for a second month in a row, accompanied by a deepening manufacturing downturn. The manufacturing downturn ...

2023-08-08 04:00:00 ET Summary Emerging markets are filled with opportunities for growth. EM equities started the second half of 2023 on a good note. All major equity benchmarks in the Latin American region also posted gains, with macroeconomic data taking centerstage in the r...

2023-08-06 05:05:00 ET Summary As we ushered in 2023, our outlook was shaped by the constriction of monetary supply, tight government spending and weaker corporate profits. Amid the broader market dynamics, two areas stand out: rising emerging markets stars and Bitcoin. We bel...

2023-07-26 01:56:00 ET Summary In 2022, North America and Western Europe scored highest on the democracy index, and Middle East and Africa scored the lowest. Much of Western Europe, Australia & New Zealand and Canada/United States fall into the least corrupt category, but corr...

2023-07-22 03:35:00 ET Summary Allocation and stock selection in Brazil and Georgia lead to fund outperformance in Q2 2023. The VanEck Emerging Markets Fund slightly outperformed the MSCI EM IMI Index on the QTD basis ending June 30, 2023 (+2.24% for Fund vs +1.62% for Index). ...

2023-07-19 12:22:50 ET BlackRock said Wednesday that it favors assets tied to emerging markets rather than those related to more developed economies, basing its analysis in part on recent policies by central banks around the world. “A brighter EM [emerging market] macro and polic...

2023-07-17 11:10:00 ET Summary We favor emerging market to developed market assets on a brighter macro backdrop. We get granular and harness mega forces, per our playbook. U.S. bond yields slumped last week on softer CPI inflation data. We think still-tight labor markets will comp...

2023-07-11 11:37:59 ET Summary Brazil's key economic indicators are now moving in the right direction. A sooner-than-expected policy pivot may be on the horizon. The heavily discounted Franklin FTSE Brazil ETF is poised to benefit. Investors get a hefty yield in the meanti...