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As a group, emerging market equities have experienced considerable volatility, though the emerging market asset class has provided spectacular returns for investors since the early ’90s. Nevertheless, a more detailed look reveals that returns have been uneven: the ’90s have seen major shocks (the Asian crisis) and defaults (Mexico, Russia), whereas the first decade of this century saw significant outperformance compared to developed markets.

  • August 1, 2013 September 13, 2019
  • 07:00