After a broad‑based rally in Emerging Markets (EM) assets since the beginning of last year, we think that the scope for outsized returns is now limited to only a few corners of the market. We expect tech‑heavy equity markets in Asia to benefit from continued AI enthusiasm, while currency appreciation may provide a further boost to common‑currency returns. Meanwhile, local currency bonds in LatAm, and to a lesser extent in Asia, may deliver decent returns as monetary policy is eased by more than the consensus expects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services