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Investors need a new approach to emerging markets
The gap is shrinking between emerging-market and developed-market growth, valuation and profitability premia, suggesting investors may need a fresh approach to EM equities. Meanwhile, EM debt is worth a closer look.

Emerging markets (EM) have beckoned investors seeking to achieve high-return targets. As recent developments have clouded the turnaround story of EM equities, investors may want to consider EM debt to help close the return gap. Gaurav Mallik, Global Head of the Equity Portfolio Strategist team, and Niall O’Leary, Head of EMEA Fixed Income Portfolio Strategy at State Street Global Advisors, answer investors’ questions.
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