|Day's Range||24.30 - 24.44|
|52 Week Range||16.02 - 24.66|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
Emerging market assets move with commodity price trends, and oil prices matter, but "there are still opportunities for investors to earn good carry" despite the grind lower in oil prices, Goldman Sachs says. In fresh research, Strategist Caesar Maasry notes the emerging markets that would suffer most acutely from a steep drop in oil prices include Brazil, Chile, Colombia, Peru, Russia, and South Africa. The result is that global markets are not treating the decline in oil prices as a significant growth risk, as they did in early 2016 (for example, the S&P 500 is near record highs, but fell 10% during the oil draw down of January 2016).
The numbers are in: EPFR Global weekly fund flow data show investors are waiting on the U.S. Federal Reserve's expected mid-June 0.25% rate hike, and that has dampened flows to interest rate-sensitive ...
The World Bank has projected an annual investment by cities of $100.0 billion through 2050 to prevent the harmful impact of climate change.