While the U.S. stock market remains overvalued, emerging markets have become cheap. With the divergence in performance between U.S. stocks and emerging market stocks in 2018, the risk/reward profile of owning emerging market stocks rather than U.S. stocks has rarely looked so attractive. Without knowing if and when emerging market stocks stop declining in price, long-term investors should pay attention to the compelling investment that emerging market stocks represent at current prices.
Set forth below are five reasons to be bullish about emerging market stocks:
City of London (LON: CLIG), a leading specialist asset management group focused on emerging markets and closed-end funds, announces that Susannah Nicklin, a non-executive director of the Company, has been appointed as a non-executive director of The North American Income Trust plc with effect from 18 September 2018.
