Global Emerging Markets (GEMs) appear to be at an inflection point, supported by resilient earnings and a likely peak in US exceptionalism. Attractive valuations and light investor positioning set the stage for the onset of an EM bull market.
As sentiment towards China turns more positive, a potential resurgence of the Chinese equity markets makes a GEM ex China strategy even more relevant.
A GEM ex China strategy mitigates China’s dominance of the EM Index, taps into the attractive opportunities that exist in the other EM markets and allows investors to express their views on China independently.
Read Eastspring’s Deep Dive on GEM ex China
