By Gerald Smith, head of emerging markets Baillie Gifford The performance of the broader emergin...
By Gerald Smith, head of emerging markets Baillie Gifford The performance of the broader emerging markets indices in the year to date has been disappointing and the strong relative outperformance at the end of last year is being eroded. Look a little more closely, however, and you start to see a slightly different picture. The FSTE All-World Index series divides emerging markets into two categories: advanced emerging and emerging (which in combination become the All Emerging index). At the time of writing the Advanced version was down 0.6% in dollar terms, while Emerging ...
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