You haven't missed the bandwagon for emerging-markets yet. From economic expansion to corporate earnings and capital expenditure, everything points to their overtaking developed peers through the middle of next year, according to Credit Suisse Group AG.
A trajectory of profit growth should kickstrt MSCI Emerging Markets Index about 8.3 percent more than current levels, reaching 1150 by the end of June, according to strategists.
"We are regularly asked by global equity and multi-asset investors if it is too late to engage in emerging market equities," Credit Suisse analysts Alexander Redman and Arun Sai write. "We argue that the answer is no; it is not too late. This view is predicated on what we believe to be compelling evidence which indicates performance attributes to be mid- rather than late-cycle."
Credit Suisse strategists analyzed 10 emerging-market stock metrics and found that only two show signs of mid-to-late cycle behavior.
Read more at Bloomberg.