Fatter Company Profits May Extend Emerging Equity Rally

(Reuters) Emerging market equities have a spring in their step as an upswing in company profits extends a year-long 40 percent rally in the sector and allows investors to look past the threat of a global trade war.

MSCI’s emerging equity index – the benchmark for funds managing almost $2 trillion – posted positive returns in 2016 after three years in the red and are up 10 percent already this year.

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