Emerging markets have been reinvigorated this year, with the benchmark MSCI Emerging Markets at a six-and-a-half-month peak and developing-world currencies up against a weaker dollar. And the rally looks set to endure.
Decades of Robert Mugabe’s ruinous policies have driven his country to economic disaster. But will his successor and former ally be any improvement? Simon Wilson reports.
Emerging-market equities spent much of this decade treading water, but since early 2016 they have been making up for lost time.
Between 1994 and 2009, South Africa shrugged off the legacy of apartheid and became steadily richer. But during president Jacob Zuma’s eight-year tenure, the country has gone backwards.
Caracas is providing a bad example of how to run a country. Even the region’s populists are paying heed. Latin America remains open for business, says James McKeigue.
There have been six major bull markets in emerging markets and Asia, with an average gain of 230%. This time we are just 60% up from the lows.
In the past decade, the Indian economy has expanded by 6%-7% a year. But there is still clearly vast scope for it to up its game.
Brazilian stocks have doubled in two years, but that momentum is now slowing.
The desert kingdom is in the throes of radical upheaval – its leader wants to follow Facebook’s example, and “move fast and break things”. Investors should be wary, says John Stepek.
Crown Prince Mohammed bin Salman, the most powerful man in Saudi Arabia, is cracking down on the kingdom’s top officials and businessmen. John Stepek looks at what that means for investors.
Parts of Eastern Europe may be cheap for a reason, says David C Stevenson. But that doesn’t necessarily make them bad investments.