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2016 - a year of contrasting fortunes in EM and DM
Weekly investor research
19 December 2016
This last Weekly of 2016 asks why EM fixed income in particular outperformed DM fixed income markets in 2016. In addition to reviewing the underlying economic, political and market developments that brought about this outcome the report also concludes that there is more good news in the pipeline for EM investors in 2017. In addition to covering the main events across individual EM countries from the past week this report also offers a reaction to the Fed decision to hike 25bps. Ashmore’s 2017 outlook for EM fixed income and equities will be published later this week.