- Looking back, EM equities have as a whole been resilient, with the MSCI Emerging Markets Index marginally positive year to date-performing broadly in line with the S&P 500 and MSCI World indexes.
- On the economic front, EM activity has continued to rebound, albeit at varying speeds across countries.
- Meanwhile, EMs have shown a continued appetite for structural reforms that could lay the foundation for lasting economic recoveries.
- EM corporate resilience - especially in industries bolstered by the pandemic - is likely to anchor market sentiment.
For further details see:
Emerging Markets: Just When You Think You've Seen It All