Emerging market equities are expected to record a double-digit rebound from the current low valuations and outperform developed economies towards the end of 2022 and next year, with China on an “extended” path to reopening, according to Allspring Global Investments.
The double-digit upside is backed by better economic recovery and earnings growth into next year, said Elaine Tse, a portfolio manager focusing on emerging market equities at the US-based asset management firm.
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.