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Emerging markets show their mettle

Monday, October 19, 2009 : Permalink

Guardian – Emerging markets have been the place to invest over the past decade. While the FTSE 100 is down more than a quarter since it peaked in December 1999, and the S&P 500 in the US by 28%, markets in Brazil, India and Russia have more than trebled in value, while China has doubled, according to figures compiled for Cash by BGC Partners.

The more recent performance of emerging markets has also been better than developed ones, undermining the traditional view that they overreact to bad news. And Bryan Coyne, head of emerging markets at BGC Partners, thinks “there’s no reason why these markets shouldn’t continue to outperform mature markets”.

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