2024-03-08 02:30:00 ET
Summary
- Two common inquiries from clients regarding an emerging markets portfolio are the appropriate weight for China and the extent of currency hedging required.
- The under-weight position in China in 2023 benefited EMMF, as it outperformed the benchmark by approximately 14%.
- We believe that over the long run, factor investing in both equity and currency will yield returns, and a moderate weight in China is appealing to investors concerned about geopolitical risk.
By Liqian Ren ...
Read the full article on Seeking Alpha
For further details see:
What's Behind This Active Emerging Market Portfolio's Outperformance