Investors have plowed a lot of money into emerging markets in April.
They added more than they have at any time in the past 10 weeks, says Bank of America. This continues a trend that started in late 2020.
Is this folly? Or will emerging markets (EM) outperform this year and beyond?
It’s the latter, says Neal Dihora, who helps manage the Wasatch Emerging Markets Select Investor Fund WAESX, -0.73% alongside lead manager Ajay Krishnan, who has been at the helm for over nine years.
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.