KF News and Press, Korea Fund Inc. From 07/06/21

As the world convalesced from the pandemic, stocks advanced in the second quarter and earnings rebounded across sectors. With business gains broadening amid complex market risks, we think investors should lean on quality to find stocks that will perform well in a normalizing world eco...

As the first half of 2021 comes to an end, the global economy is recovering strongly from its sharp decline last year caused by the COVID-19 pandemic. Regional economic growth differences during the first half reflect differences in the spread of the pandemic and policy responses to i...

The global economy has reached an important milestone in the second quarter of 2021, surpassing the pre-pandemic real GDP peak attained in the fourth quarter of 2019. After a 3.5% contraction in 2020, global real GDP is projected to increase 6.0% in 2021, its strongest advance since 1...

Growth in emerging Asia is likely to remain uneven amid a slow vaccine rollout, pushing out our expectations for a full recovery into 2022. The main bottleneck, in our view, is the limited supply of vaccine doses. We expect uneven economic performance across EM Asia in 2021 and ha...

In this note, we look at the several headwinds that appear to have contributed to the recent underperformance along with the positive factors underlying these markets. The most obvious headwind to Asian markets this year has been the correction in technology. Another potential hea...

While recovery in economic growth could remain muted this year in many markets, we expect more normalization in 2022. EM equities rebounded in April but trailed their DM counterparts. Emerging Asian equities rose in April. Among the top regional markets were Taiwan, South Korea an...

After a decent start, emerging markets have lagged behind developed markets. Emerging markets don't necessarily correspond to neat value vs. growth or cyclical vs. defensive narratives. The best environment for emerging market economies is one of synchronized global growth. ...

A year has now passed since the correction of March 2020, as markets first appreciated the implications of a global pandemic. With continued weakness in developed markets, we have seen a continuance of unprecedented fiscal and monetary stimulus. The concept of a world-leading emer...

Strong global manufacturing production reported in March, but growth stymied by supply constraints. Rising backlogs of work hint at further robust expansion in second quarter. But inflation concerns are fanned by record rise in factory gate prices. For further details see: ...

Global growth looks set to rebound even more strongly in 2021 than we had anticipated in our January Cyclical Outlook. Over the next several months, a combination of base effects, recent increases in energy prices, and price adjustments in sectors where activity ramps up is likely to ...