A relatively robust and favourable macro outlook for countries in Asia and Latin America bodes well for investment opportunities across emerging markets (EM) for the rest of 2023.
In particular, EM bonds and currencies are appealing, according to Amundi, with equities valuations also attractive on a selective basis.
“Resilience and a growth advantage over developed markets make emerging countries an attractive destination for the second half of the year,” said Monica Defend, head of the Amundi Institute.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.