Emerging Markets Gaining Favor Despite China Concerns

The hunt for yield is driving investors back into emerging markets – but there are a few key differences this time round.  Emerging market equities, measured by the MSCI Emerging Markets Index, are now 30 percent up from the low seen at the end of January, and have rallied by 13 percent since the post-Brexit referendum sell-off.  Plus, in the past five weeks, record amounts of money have been invested in emerging market debt, according to figures from Bank of America Merrill Lynch.

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