|Day's Range||43.52 - 43.85|
|52 Week Range||28.98 - 44.53|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
Goldman Sachs Asset Management continues to expect emerging markets to outperform developed markets, even if quantitative easing changes foreshadow a bumpy ride going forward. Ergo it is "too early to de-risk for the end of a cycle that we expect to last for another couple of years," GSAM concludes, noting the potential for double-digit equity outperformance relative to developed economies. The risk is that rising interest rates will slow economies globally, but especially that of the United States.
Yawn if you must: there are three things have changed underscoring why investors should still be bullish on Asia and emerging markets stocks as they hit fresh 52-week highs, according to Bank of America Merrill Lynch strategists. Stability in China is a big factor for equity strategists Ajay Singh Kapur, Ritesh Samadhiya and Aritra Baksi, who, in a report titled "Hello Goldilocks! Bullish on Asia/EM Equites," write: "While we have been structurally bullish on Asia/emerging markets (EMs) since April-2016, we have been tactically neutral since late February. ... New information is in, and we are reverting back to both tactically and structurally bullish on Asia and emerging markets.
Emerging markets can continue to outpace developed markets in the growth department, but a pause could come this year, according to Goldman Sachs. Emerging market stocks were moving lower Monday morning after ...