Emerging-Market Investing for the Next Decade
Tailwinds to emerging-market beta returns are diminishing. Mere beta exposure will no longer be enough to win in developing-world stocks. For long-term success, we believe that investors need to find ways to boost return potential, reduce portfolio volatility and diminish developing-market equities’ high correlations with developed-market equity exposures. That will take a discriminating, active approach.
October 13, 2014