Emerging markets

OBITUARY

Mark Mobius, emerging markets investing pioneer, dies at 89

He was an evangelist for money-making opportunities in Africa, Asia, Eastern Europe and Latin America

IMF managing director Kristalina Georgieva speaking ahead of the IMF/World Bank's spring meetings, says "there will be no neat and clean return to the status quo".

IMF warns of stagflationary shock ahead

It estimates that even if the US-Iran ceasefire holds, countries may need around US$20 billion in bailout support

The IMF estimated that external portfolio debt liabilities averaged about 15% of gross domestic product in emerging markets.

Hot money increasingly dominates emerging markets financing, raising risks: IMF

Sudden outflows could trigger sharp currency drops and widen sovereign spreads

An Israeli artillery unit firing towards Lebanon on Mar 17. Emerging and Asia-focused markets have fallen some 5% to 9% since the crisis erupted on Feb 28.
RETHINKING MATTERS

The Iran war: Will it stay? Or will it go now?

The longer the conflict drags on, the worse the outcome for both the global economy and global markets

Investors added US$12.6 billion to emerging-market stocks and bonds in the week through Wednesday, according to a Bank of America report, citing EPFR Global data.

Iran conflict puts the emerging-markets revival to the test

[NEW YORK] THE war in Iran has dealt a blow to one of Wall Street’s favorite trades – emerging markets.

South Korean stocks on Thursday added another 3.8%, having already leapfrogged French and German markets to become the ninth largest in size globally.

World’s top money managers favour emerging markets, Citi says

The shift is a consequence of policy uncertainty and blowout fiscal deficit in the US

Indonesia’s trust evolved under different historical and political conditions. Where institutions have been inconsistent and laws fluid, trust has naturally migrated into families, networks and personal relationships.

Trust is not branding: What Indonesia’s recent market turbulence really reveals

In a global financial system that prizes transparency, data reliability and predictability, institutional credibility matters

Siddharth Dahiya, global head of emerging-market debt at Aberdeen, believes that the tailwinds seen in emerging markets are part of "a longer-term cycle and more structural in nature for now".

Emerging-market bonds poised for ‘very strong run’ after years of outflows: Aberdeen

Drivers include the improved credit ratings of these economies and potential Fed rate cuts

JPMorgan volatility indices show developing nations’ currencies have swung less than their G7 peers for nearly 200 straight days.

Carry trade, commodities make EM currencies more stable than G7

Weaker US dollar and expectations for gradual Federal Reserve easing have reduced pressure on developing markets