Companies in emerging markets in the Asia-Pacific (Apac) region are expected to do better than their rivals in the developed markets, according to Moody’s Investors Service.
Moody’s vice-president and senior analyst Rachel Chua said that on aggregate, the earnings before interest, taxes, depreciation and amortisation (Ebitda) of emerging market companies in Apac would grow 28% this year compared with 2019, while developed market companies that it also rated would grow only 14% in the same period.
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.
