PRESS ROOM
Emerging markets maintaining their lead over developed markets
Thursday 11th February '21
After a relatively flat month for developed market equities in January, February has started on a brighter note. However, emerging market equities are leading the way outpacing their developed market counterparts meaningfully year to date (YTD). As of 10 February, the MSCI Emerging Markets Index is up around 9% YTD overshadowing the gain of 4% made by the S&P 500 Index over the same period. Chinese equities continue to be a strong driver of emerging markets performance. The S&P China 500 Index, which is diversified across various Chinese share classes, is up almost 14% YTD. (Source: Bloomberg. All returns in USD).