”For the past 30 years, emerging markets have provided return enhancement and risk diversification opportunities for global equity investors. The ongoing liberalization of the domestic Chinese capital market has the potential to transform the characteristics of the equity segment and its role in global portfolios. Recently, emerging markets have experienced volatile performance, driven by changes in monetary policy, increasing political uncertainty and deteriorating conditions for international trade. Are these factors temporary or could they have a long-lasting impact? Will emerging markets remain a distinct asset class and will they continue to represent an essential portfolio allocation for international investors?”
