Bright outlook for emerging markets

By Matt Linsey, head of emerging markets at DWS There are many reasons to have renewed faith in emerging markets. Emerging market bond yields have been driven down by strong demand from investors who have seen falling global interest rates reduce their returns. Falling bond yields have cut the cost of capital dramatically, great news for business. What is more, it could prove sustainable, as below trend growth and rising unemployment in the developed world make higher interest rates unlikely. At the same time, the US appears to have abandoned its strong dollar policy as it fig...