Why EM managers have underperformed this year

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.

The global market for green bonds has expanded rapidly, however the involvement of the private sector in emerging markets remains limited, and this has curbed funding for climate-smart developments, according to Amundi.