Global emerging markets holds its own

Global emerging markets have been among the top performing asset classes over the last three calendar years, with the average fund up 27.72%. The sector was the fifth best performer over that time period, despite two years of largely negative returns. Global emerging markets lags only the closely related Latin America and Far East excluding Japan sectors and less correlated specialist and UK smaller companies funds in terms of three year performance. The last two years have been difficult for the sector and world markets as a whole, but the excess returns of the 1999 technology boom co...