A rise of 0.7% has been noted in emerging market investments. Exchange-traded fund (EEM) of iShares MSCI Emerging Markets reached a new 52-week high.
This year, the Vanguard FTSE Emerging Markets ETF (VWO) rose about 13%, whereas the emerging markets fund (EEM) focused on the benchmark developing-market index is up 15%.
Furthermore, the funds focused on India smallcaps and Poland also continue to rise: the Columbia India Small Cap ETF (SCIN) is up 41% this year, while the iShaes MSCI Poland Capped ETF (EPOL) is up nearly 32%.
The EMQQ Emerging Markets Internet & Ecommerce ETF (EMQQ) has risen by 1% Monday and is up nearly 32% this year.
But the question remains - Can this emerging markets recovery last following the nosedive that followed the U.S. presidential election, and if yes, for how long?
William Blair’s portfolio manager Todd McClone, has said that there are risks. However, in a recent post McClone stated that valuation supports emerging markets investing optimism.
Read more at Barrons.