Emerging market stocks returned to gains on Wednesday, recouping all its declines from the previous session boosted by China shares, while Turkey’s lira plunged towards record lows on fears of more rate cuts against surging inflationary pressures.
China’s blue-chip shares .CSI300 ended at their highest level in two months on hopes of recovery in demand following easing COVID-19 curbs in the biggest emerging market economy.
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.