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Value hunters move from developed to emerging markets

Rebound inevitable after intense selldown, observers say, but certain risks remain
Thursday, April 17, 2014 - 06:00
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Meanwhile, the unloved markets of yesteryear, such as Indonesia, India, and Brazil, are making a comeback. Even China, the teetering giant investors bailed out of last month, has rallied in recent weeks - PHOTO: REUTERS

[SINGAPORE] Markets never trade according to plan; this year was no exception. The US and Japan, two of the world's biggest markets tipped to continue doing well after unexpectedly spectacular gains last year, are both in negative territory in 2014. Tech stock valuations are coming back to earth