Emerging Markets are weathering macro headwinds

First, we had the end of easy money with synchronized monetary policy tightening in response to surging global inflation. Second, the Russia-Ukraine war erupted with significant impact on energy and fertiliser markets, and third we saw a continuation of China’s zero-Covid policy that significantly hampered the world’s second largest economy.

But last year wasn’t all doom and gloom. During the fourth quarter, Emerging Markets found support from a combination of events – a weaker US dollar, receding inflation and China’s pivot away from zero-Covid.

Recovering corporate earnings and confidence in the growth outlook for several Emerging economies also buoyed returns with the MSCI Emerging Markets Index generating a positive 1% return in sterling over the period. A small amount but a very welcome one after a challenging year.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Fidelity Emerging Markets

More articles like this

Fidelity Emerging Markets

Big-money investors shift focus to Emerging Markets

Wealthy investors are increasingly directing their funds towards emerging markets in a quest for higher returns, signalling a potential long-term change in their investment strategies, a seasoned Bank of America economist revealed to Reuters. Large global

Fidelity Emerging Markets

Leveraging Emerging Markets for global growth

In the next decade emerging markets will leverage increasingly healthy economic fundamentals and harness technological innovation to drive the next era of global growth. In this special publication to celebrate the 30-year anniversary of our emerging

Fidelity Emerging Markets

Emerging Markets climbing world bank GDP Rankings

The world’s leading Emerging Markets (EMs) are moving rapidly up the World Bank’s latest GDP rankings in PPP terms (purchase power parity) as well as the annual foreign direct investment (FDI) confidence ranking, according to management consultancy Kearney, and are starting

Fidelity Emerging Markets

Navigating Emerging Markets

As global markets grapple with interest rate uncertainty, RBC BlueBay Asset Management EM Sovereign Strategist Timothy Ash and KraneShares Senior Investment Strategist Anthony Sassine join Market Domination to offer tips for how investors should navigate emerging markets at

Fidelity Emerging Markets

Emerging Markets to surpass Western economies by 2050

Emerging markets (EMs) will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital

Fidelity Emerging Markets

Emerging Markets show solid growth in 2024 first quarter

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors. India remained the brightest spot in the emerging market space,

Fidelity Emerging Markets

Where to find value in Emerging Markets

Investors should not view emerging markets as a uniform group. They span the spectrum in geography, development and degrees of resiliency. This creates a diversified opportunity set for portfolios. A judicious combination of emerging market exposures

Fidelity Emerging Markets

Record inflows in Indian ETFs and growth prospects for 2024

If the emerging markets universe had an anointed darling last year, it would be India – and the momentum is still growing. Net inflows into exchange traded funds (ETFs) focused on Indian stocks shattered records in 2023, clocking