Reasons to back EM stocks despite tough outlook
Firms such as Ashmore, GMO and Northern Trust see equities in emerging markets outperforming those in developed countries in the next few years.
The US stock market has been on a tear for a decade, far outstripping global equities, but is widely seen as due a potentially prolonged downturn. And some investment experts are tipping emerging market equities for a multi-year period of outperformance, despite a challenging environment.
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