Multi Asset 2022 long-term capital market assumption
The 2022 Capital Markets Assumptions show the global economy outlook is shaping up to be a lot brighter. However, risks remain as pre-pandemic challenges begin to resurface.
Emerging market equities
Analyzing COVID-driven policy shifts in China and the US
August 23, 2021
Emerging market equity portfolio managers Jeff Feng and Andrew Herron share their insights on how emerging markets are reacting to COVID-19-driven policy shifts in China and the US.
This edition of Strategy Insights discusses how:
- China was the only major world economy that generated positive GDP growth in 2020.
- US policy focused on growing the fiscal balance sheet, and the US Fed helped by easing monetary policy.
- A stronger US dollar may have mixed effects on emerging markets.
- The team’s long-term view of emerging markets is unchanged.
- Current dynamics offer a chance to invest at attractive valuations.
